Nothing happens until someone sells something – Henry Ford. Sales are activities related to selling. A sale is one thing that every business has to do. A business that is not making enough sales and not generating enough revenue is a business that is getting closer to his death. Most top…
Small Business Digest is an online business magazine and publication for small business owners, entrepreneurs, and freelancers. Small Business Digest goal is to provide free and timely business resources and insights to help businesses grow.
Deciding how to price a product can mean the difference between success and failure for your small business. Pricing strategies are a mix of art and science. Deciding what your product should cost or choosing a pricing strategy can be a little intimidating especially for new business owners. Ask people to…
Digital nomads are people who are location independent and use technology to perform their job. Even though digital nomad lifestyle is quite appealing to many, figuring out what city or destination to travel to is the difficult part for most digital nomads. What makes a great digital nomad destination? Everyone has…
A business card is not just a tool for giving your information out to prospects but an opportunity to connect with a new prospect on a personal level. For that reason, good business cards will never be replaced by any of the digital networking tools at our disposal, because digital…
Business guru and well-known provocateur Tom Peters once addressed a crowd of over 400 sales and marketing executives saying: “I hate sports analogies. They’re just a bunch of male macho…” Yet, in the world of sales and marketing, sports analogies are de rigueur and tossed around like a basketball during…
Risk is a necessary part of growth, although risk management is often overlooked by small business owners. Strategic risk management is just as critical for a start-up, small or growing business as it is for a large, established one. Risk is an inherent part of being in business. It can…
Do you want to learn how to use email marketing to get more sales? Email Marketing is one of the cheapest and most effective ways to do digital marketing. It allows you to directly connect with your leads, nurture them, and turning them into paying customers. What is E-mail Marketing?…
Most new businesses these days start off as side-hustles. The evolution of the internet has made it very easy to have a side hustle business while still having a full-time job. A side hustle literally means you are still working your full-time job and starting a business on the side which…
As a small business, cutting cost on basic business expenses without compromising quality is a great way to increase your margins. Profit margin is a simple mathematical equation that depends on two factors: revenue and expense. For achieving higher margins, you have only two choices, either to increase your revenue…
If you’re starting or running a business in today’s world, you’re going to need a reliable accounting software sooner or later. Small businesses often start out using Excel in keeping track of finances, but that is not a scalable approach as the business grows. Unfortunately, some of the most popular…
Should I bootstrap my business or raise a venture fund? This is a popular question for every entrepreneur that has started or planning to start a new business enterprise. It certainly depends on your goals, your industry, how much capital is required to get started, your personality and your relationship…
While so many businesses have switched from paper-based invoicing to the online method of invoicing, there are still many businesses that utilize paper invoices, paper-based billing systems, along with paper-based payment processing. Paper-based invoices are quite expensive, difficult to manage and takes longer to manage than online invoicing. Paper-based invoices…