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Articles by Dan Boudreau

  • Take The Guess Out of Sales Forecasts
    For new business start-ups, projecting sales can be a frustrating, uncertain experience. To go into a business without having some idea of how much you?ll sell might be thrilling for a gambler, but if you stand to lose a lot, it?s just too risky.
    Published 22May2009, viewed 159 times
  • Isolation Not Always the Entrepreneurs Best Friend
    Running a small business can be a lonely trek. Isolation can be a challenge for new business owners working alone. This can come as a shock to anyone who gives up their day job to run their own business. Isolation can be powerful enough to send some early-stage owners scurrying back to work for someone else.
    Published 22May2009, viewed 146 times
  • New Business Deal Breakers
    No matter how brilliant a business idea might be, certain deal breakers will stop it in its tracks. Deal breakers are the secrets you would rather not share with your business analyst or banker, though you probably should.
    Published 18May2009, viewed 190 times
  • How Business is Like Kayaking
    I had been thinking about taking up kayaking for more than twenty years. The notion always got squashed for a variety of reasons. When my friend suddenly announced he had begun taking kayaking lessons, I was motivated to take the leap. Next thing you know, Richard and I were floating down the Nechako River together, occasionally both right-side-up at the same time.
    Published 18May2009, viewed 185 times
  • Deadly Overhead Costs to Consider When Setting Your Prices
    The obvious overhead costs include things such as rent, utilities, advertising, insurance, and office supplies; business expenses not directly related to the production of goods or services. However, there are a few costs that aren't visible until after your venture is in play. They are easy to overlook, difficult to measure, and they're seldom factored into the start-up financial projections.
    Published 18May2009, viewed 175 times
  • Tweet Yourself to Success with Twitter
    As a small business owner, it's easy to envision Twitter's marketing power. It is a realtime hotbed of potential contacts, people who are reaching out to interact with the rest of the world. Twitter has swiftly become a significant communication channel for marketing my business and networking with contacts around the globe.
    Published 16May2009, viewed 329 times
  • Researching Business Ideas in a Fast Moving Marketplace
    Businesses arise when entrepreneurs identify wants or needs and create products or services to fill them. This means doing ongoing market research. Here are some of the free research tools that are easily accessible on the internet, and which are certain to make your market research easy, fast and fruitful.
    Published 08Apr2009, viewed 204 times
  • Are You In Business or Enslaved to Self-Employment?
    Many people start businesses simply to create jobs for themselves. Self-employment offers many benefits, not the least of which is the opportunity to develop basic business trade skills, while getting paid for work you love to do. Self-employment is everything some owners want, while others use it as a stepping stone to build sustainable, stand-alone businesses.
    Published 08Apr2009, viewed 189 times
  • Business is Like Fishing
    I love fishing. A good catch makes the fishing trip more than just a visit - it makes it a successful fishing trip. A memorable fishing adventure, like a successful business, begins with a good plan.
    Published 07Apr2009, viewed 170 times
  • Rules of the Road for a Healthy Business Partnership
    Partnerships are not appropriate for every business situation. The first rule of partnering - don't partner unless there are good reasons to do so. A common misconception by newbies is that a partnership will lighten the workload and put them on easy street. Fact is, with more mouths to feed you might have to work even harder to meet any increased financial obligations.
    Published 28Mar2009, viewed 203 times
  • Sitting on the Fence? Clarify Your Business Idea With a Quick Feasibility Study
    Are you sitting on a hot business idea, but don't know if it's a winner? This can be one of the most agonizing parts of the business start-up process. Those of us with tight budgets or no budgets simply do not have the option of tossing a few thousand dollars into the gaping bank account of a consultant to give us the magic answers.
    Published 28Mar2009, viewed 221 times
  • Have You Hugged Your Gatekeeper Today?
    As you venture down the business planning path, you are certain to encounter one or more gatekeepers. "Gatekeeper" is the term I use to describe bankers, business analysts and managers of any government programs that might provide grants to your business. While each gatekeeper is responsible to protect their employers' assets, they also offer you a tremendous learning opportunity.
    Published 28Mar2009, viewed 168 times
  • Myths About Owning a Business
    Successful business owners make running a business look easy. Observing from the outside, it's easy to imagine that they harvest massive rewards with little or no effort. That is just one of many misconceptions about owning your own business.
    Published 02Mar2009, viewed 186 times
  • Buying a Business? Sharpen Your Pencil
    You might hope that buying a business will fast-track you into being your own boss, ease you into an attractive lifestyle and maybe even make you some money. If your destiny is to be so rosy, you've got some homework to do before signing away your hard-earned equity.
    Published 02Mar2009, viewed 208 times
  • Seven Foolproof Ways of Going Broke
    After years of getting cuffed around in the marketplace, it is my pleasure to share these foolproof strategies. No matter how well you are doing today, the following methods are sure to drive your small business into the ground.
    Published 02Mar2009, viewed 191 times
  • Learn to Read the Language of Optimism
    Entrepreneurs are optimists by nature. It's a good thing too, because a positive attitude is infectious and compelling, and usually a prerequisite for achieving remarkable results. The thing is, an entrepreneur's language will often be slanted toward the cheery side. Entrepreneurial lingo is usually riddled with a positive spin, no matter how tough things get.
    Published 02Mar2009, viewed 173 times
  • Defragging Your Business Will Help Your Bottom Line
    When my computer gets sluggish, I defrag the hard drive to make it more efficient. Defragging is a process that cleans up your hard drive. It does this by tidying up stray bits of information to leave more free space, which enables the computer to operate more efficiently. Businesses need to be defragged on a regular basis too.
    Published 26Feb2009, viewed 226 times
  • Five Tips for Building Your Own Website and Shopping Cart
    A couple of years ago I decided to build shopping cart website. At first, I thought I might hire a professional to build them for me. Faced with a cost of $5,000 to $6,000, I decided to tackle the job myself.
    Published 26Feb2009, viewed 256 times
  • Business Owners Befriend Change
    Adaptability is an attitude and key to an entrepreneur's survival. Successful business owners navigate rising and falling economies much like skilled swimmers playing in the surf. Just like the surf, the economy brings a continuous ebb and flow of change and opportunity. Economies will rise and fall and businesses will come and go, but change just thunders on and on.
    Published 26Feb2009, viewed 247 times
  • Entrepreneurs Can Be Unreasonable
    Anyone starting a business will encounter speed bumps along the way. There are always plenty of reasons not to start a business, but entrepreneurs push past the obstacles and do it anyway. That's because they defy the restraints of rationality and instead choose to be "unreasonable."
    Published 27Jan2009, viewed 206 times
  • Entrepreneurs View Business Through Different Lenses
    Business owners need to be able to view their ventures through many lenses. While each lens offers a different angle, the collective viewpoints provide valuable insight to how the business works.
    Published 27Jan2009, viewed 224 times
  • Jumpstart Your Year with a Written Business Vision
    Successful businesses begin as dreams in the minds of entrepreneurs. A written vision can help chart your path and guide your actions, and you don't need a lot of time or money to do one.
    Published 26Jan2009, viewed 239 times
  • Seven Efficient and Tasteful Ways to Market Your Business
    A few years ago you couldn't sit down to family dinner without a barrage of calls by telemarketers. Now, marketing techniques that interrupt are more likely to push customers away than to attract them. Here are a few of the permission marketing methods that are effective in today's wildly evolving marketplace.
    Published 26Jan2009, viewed 255 times

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