Most Small Businesses Make You Vulnerable to Credit Card Fraud, ID Theft – Study
A study discloses a disturbing trend – nearly four out of five small companies are storing unsecured data about their customers. That’s an indictment of such businesses, and is alarming news for consumers about their vulnerability to credit card fraud and identity theft. The 2011 study was conducted by the National Cyber Security Alliance [...]
[Read more...]10 Key Differences between Leaders and Managers
Published reports in Google News are an eye-opener. If you Google “leadership crisis,” you’ll get about 9,000 search results for business and the public sector. If you enter the key words, “management crisis,” you’ll see close to 17,000 results. These figures can vary, but you get the idea. Further queries underscore the need for growth [...]
[Read more...]Why Companies are Falling into the Management Lawsuit Trap
News headlines continue to show there are a myriad of ways managers set themselves for lawsuits. Small and Many Big Companies Are Ripe for EEOC Complaints. In 2011, AT&T was forced to settle an age-bias lawsuit. Capri Home Care was sued for alleged pregnancy discrimination. American Laser Centers settled an EEOC lawsuit over sexual [...]
[Read more...]Profit Drivers – How and Why to Partner with Your Employees
If you want maximum profit, consider partnering with your employees. “Key employees – in fact, all employees – will be more valuable to a company if they understand what drives profit and improves cash flow for the business,” says leading financial consultant Roni Fischer. Ms. Fischer explains typical obstacles to profit: A furniture retailer [...]
[Read more...]Beware: Small Businesses Lose $2.9 trillion to Worker Fraud
Fraud is reaching epidemic proportions at small companies, which are fleeced by an aggregate $2.9 trillion. That’s the estimate in a 2011 study from the Association of Certified Fraud Examiners (ACFE). ACFE reports the median loss is $150,000, or 5 percent of the annual revenue. Some 30 percent of the companies have 100 or [...]
[Read more...]Checklist: 14 Strategies to Rock on Google
Updated Feb. 2, 2012 Periodic changes in Google’s search criteria and algorithms have indeed hurt many Web sites. But it’s possible to bullet-proof your site’s prominence on Google by taking 14 precautions, which is worth your time and energy. Google has perennially owned about a 66 percent search-market share in the U.S. and a 90 percent [...]
[Read more...]15 Quick Tips for Profitability in the New Economy
First, it’s important to accept the facts. The new economy – challenging times – is here to stay. A business should perform like a championship sports team. That means protecting your turf while aggressively pursuing new opportunities, and making full use of technology. For new or existing businesses, here’s a checklist of strategies: Evaluate [...]
[Read more...]Top 11 Tips for a Great Elevator Pitch
Whether you’re looking for a job or trying to land more customers for your business — whatever you’re trying to sell – one skill you definitely need is a great elevator pitch. You need to prepare for any opportunities that come your way after diligent research and prospecting. Don’t be caught off guard. Create an [...]
[Read more...]Biography: Will President Obama Listen to Steve Jobs on the Economy?
Oct. 21, 2011 Toward the end of his life, Apple co-founder Steve Jobs – widely recognized as a genius – issued a warning to President Barack Obama. “You’re headed for a one-term presidency,” he said. That’s one of the intriguing details in Mr. Jobs’ authorized biography. Messrs. Jobs and Obama met in a tense [...]
[Read more...]No Lame Duck, Washington Official Enhances Economic Public Policy
Oct. 20, 2011 Like all inspiring great leaders, he and his staff are tenacious in delivering value for all of Washington. Who? State Auditor Brian Sonntag. Mr. Sonntag is a favorite on this portal, a sagacious Democratic, who has consistently delivered value to state residents, and has always been available to answer questions. Admittedly, [...]
[Read more...]