Recent Articles from Daniel Hannaher
Six simple steps for collecting overdue accounts
All small business owners know that collection overdue accounts is especially difficult during a down economy. It’s not the most pleasant part of being an entrepreneur, but not handling them expeditiously will almost certainly endanger your business’s cash flow and long-term viability. The following are six simple steps that may make the collection process less […]
Get ready before disaster strikes
Thirteen years ago, the Red River swelled with the runoff from melting snow, rose to a height of 54 feet, and devastated Grand Forks, North Dakota. Especially hard hit was the downtown business community — 11 buildings were destroyed by a fire while the evacuation was in progress. In the months that followed, the U.S. […]
Seven reasons why small businesses should export
While many small businesses are in “survival” mode during the current economic downturn, there are still strategic decisions that can be made today which may have a positive impact on this year’s bottom line. Small businesses account for 30 percent of all U.S. exports–a staggering $300 billion per year. The fastest growing segment of U.S. exporting […]
Eight small business steps to surviving the holidays
According to estimates, retail and service businesses earn as much as 40 percent of total annual sales during the November-December holiday months, and a successful 2009 holiday shopping season will determine whether many businesses, already struggling through a deep recession, will survive. The last 18 months have been difficult on locally owned small firms because […]