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Ask Dr. Deborah | How can I improve inventory management?
Dear Dr. Deborah, I recently started my own jewelry business. Lately I’ve been having issues with inventory. At first my inventory needs were small, but now that I have more pieces and more customers I’m having trouble managing it. Several times now, to get the materials I need in time,Read More
5 Reasons Your Business May Be Leaking Cash
Have you ever taken a look at your finances and been shocked by how little cash you have in the bank? This is not so uncommon, and for small business owners, it can be absolutely terrifying. You may not realize it, but there are a lot of areas in aRead More
Crowdfunding for Self-Employment: Yay or Nay?
In 2015, it was estimated that $34.4 billion was raised through crowdfunding. By 2025 that number is expected to grow to over $300 billion. Crowding funding sounds like a business’s dream come true – people give you money and expect little or nothing in return. As this industry continues toRead More
How Much Financing Do You Really Need?
One of the biggest challenges in starting your own business is securing the financing you need to cover start-up costs. However, before you can determine where that financing will come from, you need to identify how much financing your business really needs. So, how do you figure out what yourRead More
Guest Blog: The future success of the American economy is not about job creation. It is about creating our own jobs.
This article was originally written and published by Rich Collins with Thirst Productions. This week on the Win-Win@Work and NH Brand Project live radio shows, hosts Michael Cameron, and Co-Hosts Kristi Baxter and Rich Collins speak with Dr. Deborah A. Osgood, CEO of the Knowledge Institute for Small Business DevelopmentRead More
Caveat Emptor: The Importance of Background Checks When Hiring
Caveat Emptor is a Latin term that means, “let the buyer beware.” This means that the buyer assumes the risk that a product or service may not turn out to be all that it was represented. Thankfully, there are laws and consumer protection options available to us when this happens.Read More
Ask Dr. Deborah | How do I build awareness for my business?
Q: Dear Dr. Deborah, For years I’ve been making my own lotions, shampoos, and other similar products for my personal use and as gifts. After much encouragement from friends and family, I’ve decided turn this hobby into a business. My biggest concern though is not making any sales because noRead More
5 Fears of Self-Employment & How to Overcome Them
We all have fears – fear of heights, fear of spiders, fear of missing out, and for many, fear of self-employment. These fears often prevent us from doing things and moving forward. However, if you want to achieve success in life and in your career, you need to face theseRead More
Why Teamwork Matters Even in Self-Employment
Self-employment, by definition means working for yourself, so most think teamwork doesn’t matter. However, the concepts of teamwork can actually be very important even in a self-employed business. Just because you work for yourself does not mean that you work alone. You have customers, partners, investors, and many more stakeholdersRead More
Halloween Tricks and Treats for Your Small Business
Halloween is a time to be someone else, voluntarily scare ourselves silly, and have some fun. Why should your small business have to miss out? If you haven’t joined in yet, here are a few tricks and treats to help promote your business for this spooky holiday and also justRead More