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Small Business > Tools & Resources

Whether you want to call it a recession or a slow recovery is irrelevant. As long as the unemployment rate remains at its current levels, corporations and consumers will be reluctant to spend. For entrepreneurs looking to do business with large corporations in this environment, it's critical that they understand the need to increase their financial literacy---for example, knowing when and how to use equity, versus debt. James H. Lowry, a senior counselor at Boston Consulting Group, a global management consulting firm, also offers the following seven pieces of advice.---Alan Hughes

7 Steps for Small Business Success

Expert tips on how to position your business to grow in any economy and compete with the big dogs

Exert tips to help your small business compete with the big dogs

By Alan Hughes

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Preview B.E. Business Report: Russell Simmons’ “Super Rich”

Also: Financial educator Alvin Hall, the Garage Door Company, Porsche's driving school

Legendary hip-hop music and fashion mogul, philanthropist and author Russell Simmons is the featured Power…

By BlackEnterprise.com

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Entrepreneur

How to Be Your Own Boss

These five steps will help you decide if you're ready to sit at the head of the table

These five steps will help you decide if you’re ready to sit at the head…

By Alan Hughes

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Every entrepreneur wants to build a brand that inspires confidence, quality and reliability, knowing that customers’ belief in your product or service translates into revenue. In short, people put their money where their trust is. But trust can be a fickle thing. It can be difficult to earn and even then, requires constant maintenance. And if that trust is shattered, it can mean the end of an enterprise. 	In his book, The Trust Edge: How Top Leaders Gain Faster Results, Deeper Relationships, and a Stronger Bottom Line, author and business strategist Dave Horsager discusses the correlation between trust and profits. “I think it's the key bottom line indicator even though someone might think at first glance it's a soft skill,” he asserts. “I prove out how it really does affect the bottom line and of course it affects impact and everything else.” He also offers what he refers to as the “8 pillars of trust.” —Alan Hughes

8 Ways to Build Trust in Your Brand

One of the keys to running a successful business is having a strong and reliable reputation

There’s more to branding than simply having a catchy name and logo, any entrepreneur looking…

By Alan Hughes

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BOOTSTRAPPING 2.0

Digital optimization on a budget

Sure, your website is up and running; you have accounts set up on the major…

By Renita Burns

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cakelove

Layers of Security

Bakery uses technology to protect data and monitor the shop

Bakery owner Warren Brown has had his share of security scares since establishing his business,…

By Shandra Hill Smith

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Tablet, Netbook or Laptop: Which Should I Buy?

The tablet market is getting interesting. After being dominated by Apple’s iPad for more…

By BLACK ENTERPRISE

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How to Create a Predictable Paycheck for Your Business

Paying attention to how customers respond to your marketing messages can be a key to success for your business and your bottom line

(Image: Thinkstock)
Big companies don’t rely on guesses or generalities when it comes to sales and…

By Felicia Joy

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4 Steps to Efficient Decision Making

CEO and author gives tips on how to arrive at the right decision---quickly

CEO and author Guy A. Hale gives tips on how to arrive at the right…

By Alan Hughes

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How to Build a Low-Risk Business

How hybrid entrepreneurship has changed the small business game

There was a time when entrepreneuers risked their savings, health insurance and nearly everything they…

By Felicia Joy

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