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 Image Credit: Produced by Mathew Brady's studio, restored by Michel Vuijlsteke

8 Valuable Business Lessons From The Shipping Tycoon Cornelius Vanderbilt

Cornelius Vanderbilt Was A Shipping Tycoon and A Titan of Industry Whose History Contains Many Valuable Lessons for Small Business Owners.

14 days ago
Click here to discover valuable small business lessons from Cornelius Vanderbilt
 Image by Jens P. Raak from Pixabay

The 5 “C’s” of Credit

When a business approaches a lending institution about debt financing, the lender conducts an evaluation of the borrower using a method known as the 5 C's of Credit

7 months ago
Click here for a quick explanation of each measurement the lender uses when checking the 5 c's of credit
 

Key Partners and Your Business Model

When considering key partners, you must consider the following questions:
- Who are your key partners and who are your suppliers?
- Which key resources are you acquiring from key partners and suppliers?
- What key activities do your key partners and suppliers perform?

1 year ago
Click here to discover what makes a key partner
 

Operating Leverage for Small Business: When You Should Use

What is operating leverage and why should you care? Ignoring the financial mumbo-jumbo, operating leverage represents how having debt can affect a company's bottom line profit. In some cases, Operating leverage can improve a company's profits and in others, it can destroy it.

1 year ago
Click here to when operating lever can improve profits and when can lead to the company going bankrupt.
 

How to Achieve a Word-of-Mouth Epidemic

Word-of-mouth marketing is not just making a good product or delivering a good service, and magically your clients will tell their friends how great you are, which will, in turn, lead to a greater number of sales. To achieve an epidemic you must employ some specific strategies.

2 years ago
Click here to discover how to create a word-of-mouth epidemic
 

What You Need To Know About The Debt Continuum

Within the world of debt financing, there is a continuum, as different lenders have different appetites for risk and reward.

2 years ago
Click here to explore the debt continuum and how lenders mitigate their risk
 

Self-Weeding Your Economic Garden

Do you get calls from vendors nearly every day trying to pitch you on their products or services?

2 years ago
Click here to discover a simple technique to make caller screen themselves.
 

Why You Need To Understand Your Credit Score

When entrepreneurs look at debt financing, their credit score (FICO) plays an important role in being able to get a loan. Essentially, a person's credit score is computed on five dimensions, each with a different weight.

2 years ago
Click here to see the 5 dimensions of a credit score and what they say about the borrower.
 

How Responding to Popular Fads will Destroy a Business

Have you ever discovered something new and thought “What a great idea for a new business?” Often the signals you observed are only part of a short-lived fad.

2 years ago
Click here to discover what economist call the circus comes to town fallacy.
 

Do You Understand the Attitudes and Behaviors of Your Target Demographic?

A person’s age and life-stage can help predict their purchasing decisions. There are a few more specific generational dynamics that can provide a clearer picture of their economic drivers

2 years ago
Click here to understand the attitudes and behaviors of each generation.
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Email – steve@stevebizblog.com

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