| Volume 3 Issue 24 | June 16, 2009 |
Makeover Tips for Recession Success
If sales are stalled and things seem flat at your business, this might be a good time to take a fresh look at how you are operating in key areas. Our Q&A has tips on shaking things up if your business has stagnated. Other guides show you pricing mistakes to avoid, giving your business a regular checkup, how to prepare a business for sale, terminating a retirement plan, and more. Be sure to visit our What Works for Business blog for other timely ideas and news on the latest solutions for small business. Sign up for the RSS feed to receive automatic updates.
7 Makeover Tips for Recession Success
Q. Dear Dan: The slow economy is taking a toll on our business. Things really feel stagnant here. What are some good ways to regain a little competitive energy that’s gone flat along with business overall? - Slumping
A. Dear Slumping: Here are seven ways that you can use current conditions to change the way you run your business: Read more
Pricing Right The 6 Biggest Pricing Mistakes to Avoid
By Daniel Kehrer
Nine out of 10 businesses set prices simply by adding up costs and tacking on a profit margin. That’s the wrong approach. Read six of the worst pricing mistakes small businesses make.
Keep Your Biz Healthy
Giving Your Business an Annual CheckupSmall business owners faced with minimal staff and tight deadlines may put off addressing issues like obsolete accounting systems. But delaying key projects can result in lost time, money and productivity. Click here to get your steps to annual checkup success.
Drastic Action
Guide to Terminating a Retirement Plan
By Wendy Davis
Theoretically, retirement plans are supposed to last indefinitely. But the reality is, there may come a time when you need to end your company's plan. You might merge with another business, for example, or decide to shutter operations.
Here are some things you need to know:
Getting OutPreparing a Business for Sale
By Judith Earley
Selling your business may be the biggest deal of your career. Whatever your reason for selling, it is a transaction that will affect you both financially and emotionally. Here's how to prepare:
Startup
Technology
Management
Money and Finance
FAST TRACK
Quick reads, hot topics and cool tools for your business
Small Business Dashboard: NetBooks is about to launch a new management application for small business called WorkingPoint that will import contacts, make work assignments, track finances and inventory, generate invoices, and more.
Finding a Business Broker: Thinking of selling a business? You'll want a certified business broker to help you assess what your business is really worth, and how to go about selling it in this difficult market. Check the International Business Brokers Association website for information on finding a broker.
SOLUTION OF THE WEEK
Start an Online Store in Minutes: Shopify.com is a new web-based service that can help you set up your own online store literally overnight and even manage it from an iPhone. It's a turnkey e-commerce package that comes with full SEO, inventory and content management. Store designs are terrific. 
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