NEW! Business Tips
January 18, 2015
Too many small businesses decide to write a business plan only when they have to. Unless you need to seek assistance from a lender or investor, there is no plan. Don’t wait to write a business plan until you think you’ll have enough time. The advisers at the Angelo State University Small Business Development Center hear small business owners say, “I can’t plan. I am too busy getting things done.” If you are indeed that busy, it is imperative to plan.
Writing a business plan is not the easiest thing to do and mistakes can and will be made. Let’s take a look at some of the common mistakes that are made when writing a plan and try and make this easier and more understandable.
January 12, 2015
I watched as my six year old granddaughter wiped the flour off the table. With a dish towel in hand, she approached the spill from the back side and worked it towards the table’s edge. She then took her other hand, placed it below the edge and swept the flour off the table into the waiting hand.
I was surprised at her efficiency and her accuracy. I asked, “Hannah, how did you learn to do that so well?” With a smile and an inquisitive look she answered, “Boppi, don’t you remember? You taught me!” Talk about giving me the right answer! It may have not been me, but the point is simply that she had been taught.
It could be said the ability to learn how to do a job is contingent on the ability of someone to teach how to do the job. Getting a seasoned employee to train a new employee is usually a good arrangement.
January 05, 2015
The Angelo State University - Small Business Development Center will celebrate its 25th anniversary on January 15th. As we celebrate this milestone, I thought it appropriate to reflect and give thanks to the many small businesses and organizations that have made the program a success.
First and foremost, I believe the economic progress and health of our area is greatly due to the dedication, drive and determination of our small businesses and the people that own and manage them. I am always humbled by their tenacity and resourcefulness, as well as their willingness to take risks to make their dreams happen. Where would our economy be without them? I applaud their accomplishments and feel honored they allow us to serve them. They are true champions in our eyes and they are the reason we exist. I want to thank them for what they do for the economic health and quality of life in our area. As many have said before, small businesses are the backbone of our local economy.
December 29, 2014
As one year ends and a new one begins, it is a time to visit with some key people that influence your business decisions. Someone has said that success is a journey and not a destination, and I believe that to be true. Every day that you are able to open your doors is a success. To help insure success, it is important to visit certain individuals on a routine basis.
December 22, 2014
We are all aware of the leaps and bounds technology has made over the years. There are so many great tools out there today, and I wonder why more small businesses do not take advantage of the countless opportunities.
When it comes to technology, I feel sometimes we let our fear get the best of us. I hear all the time that software is too expensive and not worth it. This is true; some software can be extremely pricey. However, I have found that my time is very valuable to me, and if I can spend a little extra on a product that will help me be more efficient, then I consider it money well spent. There are also many different products on the market that are reasonably priced, as well as some open- source software that you can download for free.
These amazing productivity tools can help you run your business more efficiently using technology. I have listed some of my favorites below.
Business Tips Archive
The most current Business Tips article is available on the San Angelo Standard Times online newspaper The following Business Tips articles are provided for you in an Adobe PDF format.
- Seven Questions Asked in a Borrowing Situation
- Starting Your Own Business Part 1
- Starting Your Own Business Part 2
- Starting Your Own Business Part 3
- Starting Your Own Business Part 4
- Positive Thinking
- In-home Service Providers
- General Partnerships
- Five C’s of Credit
- Emotional Intelligence is Not an Oxymoron
- Emotional Intelligence #3
- Contribution Margin
- Buying a Business