Business

Flea Markets and the Wholesale Strategy

by Christina Lee
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When Manuella Lizzio co-founded the International Trade and Marketing Group (ITMG) in 2001, she originally conceptualized it to be an exporter. But when inspiration struck Lizzio to design a line of handbags, the Rockville, Md.-based company soon had to figure out if her vision could sell. “The main goal of the company was really to do wholesale as opposed to retail,” Lizzio said, “but to make something that’s really tailored to the consumer would imply that we really want to get into that retail mentality.” Two years later the Bethesda Flea Market, hosted by the Montgomery Farm Women’s Cooperative, would... Read more

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Cash Flow Crisis? Give Bartering A Try

by Rebecca Button
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Bartering is a tried and true (and ancient) business practice. It is still commonly used in many countries in every day business interactions. For whatever reason, it is not as common in the U.S. but this doesn’t mean it should be forgotten altogether! If your small business is still afloat but you find yourself short on cash, give bartering and honest look. There are many barter exchanges which you can join and here’s how it works: Step 1: Research the barter exchanges. Like I said there are a lot out there so do some research and pick the one you... Read more

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Twitter Schmitter

by Rebecca Button
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I have beef with Twitter. To me, it’s an oddly socially accepted and encouraged form of stalking where the "victims" volunteer themselves. Aside from the creepy factor, from its inception I have never really understood how thousands of people #1 care so much about what other people are doing that they would subscribe to and check instant updates via a personal feed, and #2 that said number of people actually believe that that many OTHER people care enough about their minute happenings so much that they’d consistently update these feeds. Twitter’s usefulness has long been debated and I have clearly... Read more

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Expanding Globally? Here’s Some Food For Thought…

by Rebecca Button
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Going global is a huge step. It’s an important one in every business’s growth. Considering the fact that times are what they are, it could mean the survival of your business. So before you step off into the global market, consider the following factors Entrepreneur.com has put together as a sort of "Pre-Going-Global-Checklist": Get company-wide commitment. Define your business plan for accessing global markets. Determine how much you can afford to invest in your international expansion efforts. Plan at least a two-year lead-time for world market penetration. Build a website and implement your international plan sensibly. Pick a product or... Read more

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Protecting Your Business When Disaster Strikes

by Rebecca Button
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The earthquake tragedy in China is only the most recent example of how harmful disasters can be. Not only are they costly in human lives and sheer destruction but also in the number of businesses that will never open their doors to customers again. Disaster can occur on a smaller scale as well such as burglary, fires, hardware crashes and many more. A White Paper produced by HP and SCORE reveals that about one-third of all respondents to a survey in the paper said they backup their data rarely, if at all. Most of the rest did it less than... Read more

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Crazy Breakfast Making Cell Phones - Part II

by Rebecca Button
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Okay, don’t freak…there was no Part I so don’t go looking for it. Well, there sort of was…this is simply an addendum to my previous post Oh So Textual! *Text Message Shopping Has Arrived* . When you bought your cell phone did you ever imagine that one day it would allow you to pay for things? No seriously, your cell phone as a form of currency? Yeah, neither did I. But now you can. I know! It’s nuts! Ok, so here’s how it works (courtesy StorefrontBacktalk.com ): Step 1: You download an applet on your phone. Said applet would be... Read more

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Use Free Shipping to Skyrocket Your Online Sales

by Veronica Stone
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As Internet companies pick up the pace in shipping products around the world, a few are using free shipping to boost online business. Not many companies can afford to offer unconditional free shipping to every customer. But just like many others, free shipping offers that are conditional can boost your business and help you gain new customers. Free Shipping with a First-Time Purchase The "lose profits now to gain future profits" philosophy applies when you offer free shipping to first-time customers. This offer gives customers an opportunity to buy a product risk-free (when it comes to shipping). You carry the... Read more

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Do Your Homework

by Rebecca Button
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Many of us get a little ahead of ourselves once we’ve hatched a great idea for a business. But it’s important to take your time and make sure you don’t put the cart before the horse. This article has some great reminders about the baby steps you have to take before you can start running! Do Your Homework Before You Start Your Home Based Business Read more

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The sales tax riddle…

by Rebecca Button
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Regardless of what trade your business is in, one of the hardest things to get right is determining what sales tax you’re going to charge your customers. After all, you don’t want to charge too much sales tax and scare them away; yet at the same time, you can’t afford to charge them too little. Here are a few clues to help you get it right. How to Determine Your Sales Tax Charges Read more

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Win an 8GB Apple touch! (Just in time for the holidays!)

by Veronica Stone
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goWholesale wants to find out more about how you use the internet to source products and services for your business. Take the survey and earn a chance to win a brand new Apple Touch! goWholesale Sourcing Survey 2007 *Entries can be submitted until Sunday, December 16th, 11:59PM EST. Good Luck! Read more

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