Finances

Is Lack of Capital #1 Cause of Business Failure?

February 28, 2012

Small Business Growth Myth #1: Lack of capital is the #1 cause of small business failure. Actually, lack of capital is a symptom of deeper business problems.

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What’s a Typical Growth Rate?

February 14, 2012

How fast should I grow my business? Here are several factors.

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Getting Paid for Work for Canadian Client

November 15, 2011

How do I bill for my graphic design work for clients outside the U.S.—especially in Canada? LinkedIn question by Priscilla Pike, graphic designer Specify in your contract: — You get paid in US dollars — Disputes will be handled in your jurisdiction Who owns the work you do? Check the laws in other countries about […]

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How Do You Set Prices for Your Products and Services?

August 15, 2011

Question from Alicia Terry on Linked In. She also asked, “What is your biggest challenge in setting your price?” Set prices using two different methods: A. What the market will let you charge, e.g., competitors B. What costs you must cover, plus a profit margin If A > B, charge A If B > A, […]

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