October 31, 2006
Microsoft Offers Small Business Suite Free
Microsoft has turned its accounting suite for small businesses into two separate offerings, one of which users can download for free starting today – Monday October 31.
For more information on this offering and go to microsoft site http://www.ideawins.com/
For other free resources to help you start or grow your online business go to http://www.bestbusinesses4u.com/
October 1, 2006
Before starting a home business – consider your exit strategy
Many times when we begin planning a home-based business we think of all the successes we will enjoy, and seldomly consider the possibility of failure. Failure is part of the majority of startups and should be considered so that there is minimal distruption to your families finances and future. This is especially true when you have children that need to go to college and a retirement to plan for.
Here are some questions you should ask yourself as you plan your home-based business. If your business starts to fail, will you…
Incur debt because of a loan from someone or a bank?
Be sour on the concept of a small home-based business?
There be a chance of others being hurt by the failure?
Financially impact your family?
Be able to find another job, and how quickly?
When you have successfully answered these preliminary questions, and are comfortable with the answers you should seek more advice on developing an exit plan as part of writing your business plan.
