Expenses | smallbusinessfinanceforum.com

News Flash: BSOS Plague Sweeping Country

Posted by Nicole Fende in Expenses, Financial Analysis, Risk Management | 16 comments

Bright Shiny Object Syndrome Have you heard about the BSOS plague sweeping across our nation?

Less than two weeks ago, during #smallbizchat on Twitter I learned of this awful disease.

Now it seems to be everywhere, even in a blog post on ProBlogger yesterday.

It’s a sign. It’s meant to be.

I need to save the world from BSOS! Quick, read on before we all become mindless spending zombies.

What is BSOS and how do you protect yourself?

Isn’t Your Hole Deep Enough?

Posted by Nicole Fende in Financial Analysis, General Finance, Risk Management | 8 comments

When does perseverance become pig-headed?
When does confidence become arrogance?
When does your gimmick become a trap?

Knowing when to quit digging is harder than most people realize, especially for entrepreneurs. After all, aren’t small businesses the world’s trail blazers?

5 Signs You Should Put Down the Shovel

Don’t Chase the Loch Ness VA

Posted by Nicole Fende in Expenses, General Finance | 17 comments

Are you chasing that mythical Social Media Virtual Assistant who will solve all your problems and only charge you 4 USD per hour?

I know many experts and gurus claim you can outsource all sorts of things to third world countries and make a killing.

Of course they don’t say it like that. They throw around phrases like “cost of living differential” and claim you can get the same talent for pennies on the dollar.

I say B.S.

Stack the Odds, Fix the Game

Posted by Nicole Fende in Business Plan, Expenses, Financial Analysis | 8 comments

Double down, ante, hold, all-in, bluff…

You probably recognize these common gambling terms.

What about muck, tilt, parlay, or cold dice?

Don’t know what these mean? That’s okay, neither did I (keep reading and you will).

I used to say I wasn’t a gambler. My idea of going crazy at a casino is playing the $3 craps table until my $20 is gone.

Then I realized I AM a gambler. All entrepreneurs and small business owners are gamblers. We just know how to stack the odds in our favor. Once I embraced this concept, a simple, effective budgeting tool was born.

Welcome to Small Biz Casino Night, it’s time to place your bets for 2011!

It’s a Bird, It’s a Plane, It’s… What the heck is it?

Posted by Nicole Fende in Business Plan, Expenses | 10 comments

As a child, I loved magic.

I loved the illusion that the impossible was possible.

I loved the idea that things could be more than they seemed.

The art of illusion can transform your business.

I realize some may feel the term “illusion” implies misleading people or being dishonest. You are a legitimate business that offers a valuable product, correct? You do plan to deliver that product or service in a timely fashion, right?

The illusion is simply packaging, putting your best foot forward to grow your business.