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Personal relationships influence small business owners most
BusinessNewsDaily via FOX News
Small business owners can get pretty personal. At least, they're influenced by personal relationships more than anything else, according to a new report by the National Association of Women Business Owners and credit card company Ink from Chase. In fact, at 89 percent, a vast majority of small business owners said that their personal relationships have an impact on the way they run their business, and 67 percent said their peers influence them. Fifty-three percent reported that other small business owners influence them as well.
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Solo 401(k) is good option for the self-employed
The Buffalo News
After graduating in May from the Tepper School of Business at Carnegie Mellon University, 28-year-old Stephen Morse established his own financial advising firm. Being his own boss, Morse has no access to the traditional company 401(k) plans offered by many corporations to their employees, but he plans to take advantage of a little-known retirement saving option for self-employed individuals called a Solo 401(k).
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10 awesome content marketing tips for small business
Business 2 Community
In a perfect world, small business owners could rely on word-of-mouth and basic marketing techniques to accomplish their revenue goals. However, in the past few years, as consumer intelligence has grown and with the constant availability of information by searching online, SEO has become the base component by which to be found by potential customers.
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Turn your personal assets into loans for your business
Small Business Trends
A traditional bank loan is not the only funding option for your business. If there’s a reason bank loans don't make sense for financing your venture, here's an alternative that may not have occurred to you.
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Self-employed borrowers must meet stricter standards
Santa Cruz Sentinel
Those who are sole proprietors do not need to be reminded that they face an uphill battle when it comes to meeting government regulations, wading through red tape and paying taxes. It is no different when it comes time to secure a mortgage to buy a home. The guidelines that Freddie Mac and Fannie Mae mandate for the self employed borrower are stricter than for the borrower who is an employee.
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Planning for the self-employed client
Wealth Management
When an older client goes into business for themselves, he or she will likely experience lean times at the beginning. But there are steps advisors can take to lessen the financial impact for the newly self-employed client.
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Are entrepreneurs wired differently?
Entrepreneur
Successful entrepreneurs are different from the very start. The most important manifestation of this trait is their having a different attitude, which I believe happens because they are wired differently, writes Vin Gupta, founder of San Mateo, California-based InfoFree.com.
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9 habits that lead to terrible decisions
Harvard Business Review
In an effort to understand the root cause of poor decision making, Harvard Business Review looked at 360-feedback data from more than 50,000 leaders and compared the behavior of those who were perceived to be making poor decisions with that of the people perceived to be making very good decisions. It did a factor analysis of the behaviors that made the most statistical difference between the best and worst decision makers. Nine factors emerged as the most common paths to poor decision making. Here they are in order from most to least significant.
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Self-Employed OutFront Weekly
Colby Horton, Vice President of Publishing, 469.420.2601
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