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How Social Networks Can Boost Productivity


Email is so last century. Is it time to try out new web tools for internal communication?


Social media may be all the rage for building brands and connecting with customers, but what some entrepreneurs might not know is that many companies are using social networks for internal communication as well. These tools can help business owners align corporate goals, drive employee engagement and streamline operations. The practice has become widespread in many large U.S. companies and other technology-savvy businesses, but many smaller companies have yet to catch on. For the uninitiated, here's a look at the uses and benefits of internal social networks.

Click HERE to read full article

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25 Common Characteristics of Successful Entrepreneurs


Do you have what it takes to get through hard times? Here are the traits that help home-based business owners thrive.


This article has been excerpted from the Ultimate Home Based Business Handbook , by James Stephenson, available from Entrepreneur Press .


Regardless of your definition of success, there are, oddly enough, a great number of common characteristics that are shared by successful businesspeople. You can place a check beside each characteristic that you feel that you possess. This way, you can see how you stack up. Even if you don't have all of these characteristics, don't fret. Most can be learned with practice and by developing a winning attitude, especially if you set goals and apply yourself, through strategic planning, to reach those goals in incremental and measurable stages.

The Home Business Musts
Like any activity you pursue, there are certain musts that are required to be successful in a chosen activity. To legally operate a vehicle on public roadways, one must have a driver's license; to excel in sports, one must train and practice; to retire comfortably, one must become an informed investor and actively invest for retirement. If your goal is success in business, then the formula is no different. There are certain musts that have to be fully developed, implemented and managed for your business to succeed. There are many business musts, but this article contains I believe to be some of the more important musts that are required to start, operate and grow a profitable home business.

Click HERE to read full article

Dear Subscriber,

Seven Bookkeeping Tips to Save Time and Money


Inputting checks, managing bank accounts and creating reports don't have to be an intimidating process.


Some small-business owners view bookkeeping as a burdensome task that takes them away from running their business. It makes others nervous, and they may second-guess their knowledge and skills in fear of the Internal Revenue Service knocking on their door.
 
You don’t have to be intimidated or bored by accounting. Successful business owners don’t view bookkeeping negatively. They have adopted a few basic procedures to stay on top of the paperwork. By doing so, they save time, money and a lot of stress.
 
Follow these basic steps to gain control -- and stay in control-- of your business’s bookkeeping tasks:

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