fbpx

Archive

24 Nov Our leather supplier increased his price, part of which we need to pass on the customers. Switching suppliers might require a trial and error period if no prior relationship is established. Are there other options besides switching to a new supplier and the potential future quality of my products?

When you're talking about working with suppliers, you're talking about a relationship with another business owner. That relationship has to be about more than money. I can see that you're concerned about quality, but have you considered service? Delivery? How fast you're taken care of...

Read More

24 Nov I’ve been an at home inventor for many years and I have a lot of good ideas that I would like to sell, but I don’t want to put my ideas in a business plan so they can be stolen. How do I protect my inventions and still get people to invest in them?

There are several ways to do this. The easiest way is to get a patent on the invention in question, but this is a lengthy and expensive process, often taking months and thousands of dollars. You can fill out a Provisional Patent Application (PPA) which...

Read More

24 Nov What is a USP?

A USP is an acronym for “unique selling proposition.” Basically, it's a concept that originated in the 1940's and the idea is that every advertisement makes a proposition to the customer that suggests that buying the product or using the service will grant them a...

Read More

24 Nov Self-employed artist needs advice about record keeping. Lately my business has been growing and I find myself in need of having more than a pen and paper record /receipt keeping system. Unfortunately, I am not very familiar with different types of software options. Would you suggest a starting point for me?

There are several options for accounting software that can help you out. QuickBooks is by far the most popular, well-known application for this, but that doesn't necessarily mean that it's the best for your needs. How many different reports do you need? Do you have...

Read More