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Small Business Ideas Forum

Small Business Ideas Forum

A friendly place to share small business ideas and knowledge, ask questions, find help and encourage others that are involved in the small business industry. Topics include small business marketing, generating revenue and small business computing.

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Search: Posts Made By: cfoservices
Forum: General Small Business Issues 27th August 2014, 09:35 PM
Replies: 2
Views: 1,743
Posted By cfoservices
I would rank the issues in order of pain as...

I would rank the issues in order of pain as follows:

1. Difficulty in Finding Qualified Candidates
2. Employees Not Living Up to Expectations
3. Unclear Definition of Job’s Description
4. Lack...
Forum: What Type of Business Should I Start? 6th May 2012, 03:25 PM
Replies: 2
Views: 1,180
Posted By cfoservices
My experience has been in the Northeast market...

My experience has been in the Northeast market that there is not enough demand. People who are successful at this in my market area do subcontract work for photo shops and other businesses in order...
Forum: What Type of Business Should I Start? 6th May 2012, 03:21 PM
Replies: 5
Views: 2,230
Posted By cfoservices
I don't think you are born a business owner. For...

I don't think you are born a business owner. For me it was too many politics in corporate America and as a result not able to control my own destiny. I love the unlimited income potential of being...
Forum: What Type of Business Should I Start? 6th May 2012, 02:52 PM
Replies: 9
Views: 3,850
Posted By cfoservices
Logan is right. Here is my list what you...

Logan is right.

Here is my list what you need to be prepared for when starting a business:

1. A commitment to success. Almost has to be an obsession.
2. Long hours
3. Time away from home....
Forum: What Type of Business Should I Start? 6th May 2012, 02:43 PM
Replies: 8
Views: 4,015
Posted By cfoservices
What I am finding is that people who are...

What I am finding is that people who are contemplating a franchise opportunity need to get a second opinion as to the amount of capital required. One of the causes of failure in a franchise is...
Forum: What Type of Business Should I Start? 9th April 2012, 11:52 PM
Replies: 2
Views: 1,983
Posted By cfoservices
Partnerships

I wrote a 3 part series of articles on deciding on a business partner that gives some insight on this important business topic.
...
Forum: What Type of Business Should I Start? 8th April 2012, 11:38 PM
Replies: 4
Views: 5,622
Posted By cfoservices
Auto Leasing

I am glad you are looking into the financing because I would think that is the biggest barrier. I would think you need computer software to track the activity. You need good insurance policies! If...
Forum: What Type of Business Should I Start? 8th April 2012, 11:33 PM
Replies: 2
Views: 2,584
Posted By cfoservices
Here is what some banks are doing

I heard some banks are doing the following:

On situations like your ice cream shop some banks would consider buying the equipment and leasing it back to you. Now the equipment has to be worth the...
Forum: What Type of Business Should I Start? 8th April 2012, 11:27 PM
Replies: 6
Views: 6,904
Posted By cfoservices
Crowd Funding

There is a new concept that is catching on called Crowd Funding. It is my understanding that it was recently signed into law. I do not know enough about it to recommend it as I am leery about the...
Forum: What Type of Business Should I Start? 8th April 2012, 11:19 PM
Replies: 7
Views: 3,779
Posted By cfoservices
Senior Home Care

I was in the healthcare business for 5 years. I owned an Outpatient Clinic. This is a different concept than you are introducing, however I believe there will be similarities. To get Medicare...
Forum: What Type of Business Should I Start? 15th October 2011, 11:36 AM
Replies: 1
Views: 1,846
Posted By cfoservices
Gardening

You said you were creative. Maybe you can sell information products on gardening. From what I see gardeners can be inspired by some good information on gardening. However, you need to bond people...
Forum: Success Stories and Profiles 13th September 2011, 11:21 PM
Replies: 25
Views: 21,066
Posted By cfoservices
Motivating Employees

One of the best ways to motivate all employees collectively is to establish productivity games within the workplace where all employees participate to win a productivity game as a team. Once the...
Forum: Small Business Finance 25th August 2011, 10:56 PM
Replies: 7
Views: 2,916
Posted By cfoservices
Maybe this is a dumb question and maybe I am...

Maybe this is a dumb question and maybe I am missing something but why do you want to accept investors. You have a venture that is only 4 days old and if it has caught fire like you say it has why...
Forum: Small Business Finance 25th August 2011, 10:46 PM
Replies: 17
Views: 15,214
Posted By cfoservices
I advise my clients that there are 3 things that...

I advise my clients that there are 3 things that need to be present before factoring is a good idea:

1. The company has to have identifiable growth opportunities. If factoring is viewed as a way...
Forum: Small Business Finance 14th February 2011, 10:54 PM
Replies: 2
Views: 1,697
Posted By cfoservices
My Clients are doing more business and cash flow...

My Clients are doing more business and cash flow forecasting in 2011. They see the value in being proactive versus reactive in their decision making. I have prepared the following blog post on the...
Forum: General Small Business Issues 17th October 2010, 12:27 PM
Replies: 1
Views: 1,121
Posted By cfoservices
I have several construction clients and they all...

I have several construction clients and they all have their employees buy the tools. That way everyone keeps track of their own and they respect the tools much more. If they need to take a small...
Forum: General Small Business Issues 17th October 2010, 12:24 PM
Replies: 1
Views: 1,436
Posted By cfoservices
I know it could be a pain, but I say a separate...

I know it could be a pain, but I say a separate corporation. It's all about liability and having a bad partner. For example, if the partner is doing exterior cleaning for a customer and he left...
Forum: What Type of Business Should I Start? 17th October 2010, 12:03 PM
Replies: 3
Views: 2,779
Posted By cfoservices
Just a thought What if you went to your...

Just a thought

What if you went to your local Girls and Boys club and asked them if you can help them raise money by selling your t-shirts. The kids who go to the girls and boys club are probably...
Forum: Trade Shows, Conferences & Expos 11th September 2010, 08:34 AM
Replies: 32
Views: 21,429
Posted By cfoservices
I hear the biggest mistake at a trade show is a...

I hear the biggest mistake at a trade show is a lack of follow up on the leads. Here you are spending all of this time and money and then you don't follow up on the prospects that you found at the...
Forum: General Small Business Issues 2nd September 2010, 11:52 PM
Replies: 5
Views: 6,635
Posted By cfoservices
I like Be-the-Best's suggestions! Here is...

I like Be-the-Best's suggestions!

Here is another collection method that can be time consuming but very effective. Take the creditor to collection to a collection agency who is also an attorney. ...
Forum: General Small Business Issues 2nd September 2010, 11:41 PM
Replies: 30
Views: 9,585
Posted By cfoservices
I too am a major advocate of outsourcing. I too...

I too am a major advocate of outsourcing. I too will have the usual disclaimers that you see all through this thread that outsourcing depends on the situation. I too carry a bias toward outsourcing...
Forum: General Small Business Issues 25th August 2010, 09:37 PM
Replies: 8
Views: 2,620
Posted By cfoservices
To me it is not that the customer is always...

To me it is not that the customer is always right, it is more that you must do everything you can to keep a customer, because it costs so much more to get a new customer.

I think most business...
Forum: General Small Business Issues 25th August 2010, 09:25 PM
Replies: 3
Views: 1,632
Posted By cfoservices
I am not an attorney but I think what you might...

I am not an attorney but I think what you might be contemplating is very dangerous!

Just for openers, let's say that whatever therapy your friend performs harms a patient. Your company is liable....
Forum: General Small Business Issues 14th August 2010, 10:43 PM
Replies: 8
Views: 4,605
Posted By cfoservices
Maybe I am wrong, but I have increased my...

Maybe I am wrong, but I have increased my advertising and marketing expenses. When times get tough I tend to increase advertising and marketing so my promoting stays strong. I cut other overhead. ...
Forum: General Small Business Issues 14th August 2010, 10:20 PM
Replies: 3
Views: 1,507
Posted By cfoservices
My distributor clients are happy with maintained...

My distributor clients are happy with maintained gross profit margins of 20 to 30%
Showing results 1 to 25 of 78

 
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