Thursday, 16 June 2011

Double Your Sales in 3 Years: AllBusiness Weekly, 6/16/11

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Weekly

AllBusiness Weekly
The best news, analysis, insight, and inspiration from the Internet's largest small business resource.
June 16, 2011

Fred Paul

Don't Sweat the Bad News

June has been kind of a rough month for the economy. Small business confidence is down, hiring is weak, lending remains stagnant, the stock market is wobbling, the debt ceiling looms, gas prices are still sky-high, and pundits are once again discussing the possibility of a double-dip recession.

Ugh.

But all that bad news doesn't have to mean doom and gloom for your small business. It's important to remember that the U.S. economy is incredibly large and diverse, and even as some areas and industries struggle, others rebound and expand. In fact, there are plenty of businesses growing rapidly -- planning to double sales in just three years. Meanwhile, scrappy entrepreneurs are finding ways to start new businesses with almost no capital at all (check out this amazing restaurant success story, started with just $416!).

Sure, every business has to prepare for the fallout from macroeconomic events. But in most cases, the future of your small business depends primarily on you: Your drive. Your ideas. Your savvy. Your passion.

So don't get discouraged. Get busy.

Fredric Paul
Editorial Director

Top Stories

money

How to Double Your Sales
in Three Years

Read our exclusive interview with high-growth expert Cameron Herold, former COO of 1-800-GOT-JUNK? and author of Double Double: How to Double Your Revenue and Profit in 3 Years or Less.

Put Employees on a Career Track to Gain Their Loyalty

Small businesses are the most susceptible to employee turnover. Entice your employees to stick around by helping them forge a career path to grow with your company.

Some Entrepreneurial Myths That Need to Be Busted

Rieva Lesonsky shares some personal truisms about owning a business that seem to fly in the face of what's passing for "conventional wisdom" these days.

Food Trucks Inspire Other Small Businesses to
Hit the Road

It might have started with food, but now all kinds of small business are taking their wares to the streets. Is a mobile business right for you?

How Can a Private Equity Group Help Your Business?

A private equity group can bring the expertise and financial backing you need to fuel almost unlimited growth, or allow you to exit in style.

Protect Yourself Legally When Cutting Benefits

In tough economic times, business owners may be tempted to cut employee benefits rather than lay off workers. Be sure you consider the legal ramifications.

FREE DOWNLOAD OF THE WEEK!
Marketing Plan Template

Every product or service requires a marketing plan to pull together all of the requirements and logistics of bringing a product or solution to the marketplace. This document provides you with an outline of the areas to cover while requiring you to define your specific product information and strategies. Click to download for free.

See More AllBusiness Stories  

AllBusiness Media

10 Low-Cost Small Business Ideas

Who needs startup capital? You can start your own business with almost no money down. All it takes is hard work, dedication, and the right idea -- and we've got 10 great ones for you.

slideshow
Noel_Perkins_220x

How to Get the Best Deal on Benefits

HR expert Noel Perkins says the key is to make sure you offer the benefits workers actually want, stay on top of your vendors, and look at the competition.

video
See More AllBusiness Videos  

Best Blogs

Tim Devaney and Tom Stein

Franchise Opportunities in Medical Marijuana

WeGrow isn't just blowing smoke with its national rollout plans. Tim Devaney and Tom Stein take a look at this new opportunity and run down some other franchise news.

Susan Wilson Solovic

The Dark Side of Groupon's Daily-Deal Discounts

The honeymoon between Groupon and small businesses might be over amid claims that the newly public company hurts local economies. Susan Wilson Solovic explains why trouble is brewing.

David Worrell

Uber Entrepreneur: A Conversation with
Elon Musk

Fancy a trip to Mars? If anyone might make it happen, it's Elon Musk, the man behind PayPal and Tesla. Finance expert David Worrell peeks at what Musk has up his sleeve.

Hanna Hasl-Kelchner

Famous Last Words: 'I Didn't Know It Was Illegal!'

When it comes to legal liability, ignorance is never an excuse. Attorney Hanna Hasl-Kelchner reminds business owners how costly playing dumb can be.

Ivan Schneider

Why Entrepreneurship Has No Business in Higher Education

Should universities try to teach entrepreneurship? Ivan Schneider believes the very idea misses the point of what makes a great entrepreneur in the first place.

See More AllBusiness Blogs  
In This Issue
Top Stories:
How to Double Your Sales in Three Years
Media:
10 Low-Cost Small Business Ideas
Best Blogs:
Franchise Opportunities in Medical Marijuana
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