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About Tim Knox

Tim Knox is a nationally-known small business expert who writes and speaks frequently on the topic. For more information or to contact Tim please visit one of his sites below.

http://www.dropshipwholesale.net

http://www.smallbusinessqa.com
Women Entrepreneurs Prove Its Not Just A Man’s World

I had the honor of speaking at a women’s business association luncheon on the topic of entrepreneurship.

When I mentioned to my wife the day before that I was speaking to group of women entrepreneurs she asked, "Why on earth would they ask you to speak?" In her defense, my dear wife has no idea what I do for a living.

Companies Stifle Intrapreneurs At Their Own Risk

I’ve noticed an interesting trend lately. Usually the e-mail I receive in response to this column comes from rookie entrepreneurs…

What Do Your Business Emails Reveal About You?

I am a huge fan of email. In fact, if you do business with me the bulk of our communication will not be through the telephone, but via email.

Franchising Pros And Cons

Last week’s question from Anthony R. on how to choose the franchise that would best fulfill his life-long dream of owning his own business sparked a number of emails from other readers wanting to offer their two cents on the subject.

The Business Autopsy: A Fact Of Life

Last week we discussed the importance of performing an autopsy on a dead business.

What’s Your Company’s Email Policy?

Does your company have an email policy? Did you even know there was such a thing? Well, there is, and if your company doesn’t have one you are not only risking the professional image of your firm, but also risking potential liability issues that may arise from the misuse of your company email system.

Teaching Large Companies To Think Like The Little Guys

Q: I am an executive at a large company and in our industry we are seeing a trend wherein smaller companies are gaining market share at an alarming rate.

SBA’s 8(a) Program Can Help Some Companies Compete
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Q: A friend told me that as a woman of Native American descent I might be eligible for a special SBA program that will help me start a small business. He said I could compete for government contracts through this program. Can you tell me what SBA program he’s referring to? — Clara P.

Franchises Offer Shortcuts, But Not Control

Q: I will be retiring this year at age 60 and intend to fulfill my lifelong dream of owning my own business. I’m too old to start from scratch, so I’m looking at several franchise opportunities, including fast food, auto parts, and an accounting service. What should I consider before choosing one? Anthony R.

Dropship Your Way To Ebay Success

Dropshipping is a topic that I first addressed in my column way back in April, 2003, which is decades ago in Internet years.

Veteran Entrepreneurs Are Growing In Ranks

When I’m not running my own business, writing articles about business, speaking to groups and organizations about business, or consulting with companies who want my advice about the running of their business, I teach a weekly class on the subject of (care to guess?) starting and running a business.

Credit Cards, Merchant Accounts, And Your Bottomline

Q: I’m opening a gift shop and want to be able to accept credit cards. I talked to the branch manager at my bank, but he didn’t seem to know much about how it all worked. He did say that I would need something called “a merchant account” and something else called “a credit card processor.” Beyond that he seemed as clueless as I am. I’m thinking about going to another bank. Can you explain how that all works? — Mary Ann G.

How To Boost Your Bottom Line With Just Two Little Words

I hate to sound like one of those cheesy get-rich-quick commercials, but this week I am going to let you in on a little secret that is so powerful that it will immediately change the way you do business.

For Entrepreneurs A Simple IRA May Be Best

Q: I own a small decorating business and I’ll be the first to admit that I don’t know anything about taxes or retirement plans. I’d like to set up a 401(k) or an IRA or some other kind of retirement plan for me and my three employees. What are the various retirement plan options available for a small business owner and in your opinion, which would work best for me? — Wanda S.

There Are No Dumb Business Questions, Not!

Q: I’m curious. What is the dumbest business question you’ve ever been asked? — Norris W.

SWOT Analysis Is No Magic 8 Ball

Q: A key investor in my business has suggested that I hire a consultant to do a SWOT Analysis to help plan for the future. I try not to argue with my investors, but I’m not so sure I need to have this done. What do you think? — Laurie B.

The Great American CustomerService Unawareness Campaign

Q: I’m so sick of you so-called business experts always saying the customer is always right. This is my business, not the customer’s, so I’m the one who’s always right. Sure, they can have an opinion, but in the end it’s up to me to decide who’s right and who’s not. And if the customer doesn’t like it they can take their business elsewhere. What do you say to that, Mr. Business Expert? — Paul W.

What’s The Customer Service Buzz About Your Business?

If you’re a regular reader of my column you know that my number one pet peeve is bad customer service. Nothing chaps my backside more than paying hard-earned money for a product or service only to have the provider of said product or service become apathetic, obnoxious or just downright rude after the transactional smoke has cleared.

Is The eBay Fee Increase Actually Good For Business?
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Much of my email from readers this month concerned the recent announcement from eBay that it will increase many seller fees on February 18, 2005. Since many business people use eBay’s online store system as their primary ecommerce point of sale, it’s no surprise that most of the emails I received were of the angry variety.

Entrepreneurs Just Get Better With Age

Q: I’m thinking about starting a business after I retire next month. I’ll be 65. Am I too old to start a business? — Milton A.

Starting Your Business By The Book

I’ve gotten several questions recently about the legalities of starting a business. So, this week I thought I would address a few of the more common legal issues most new businesses face. But first, let’s get the mandatory legal disclaimer out of the way: the advice dispensed by this columnist is probably no better or worse than the advice dispensed by other columnists. Do not take the following advice as gospel or bet the future of your business on any advice given herein by said columnist.

What’s In A Name? When It Comes To Your Business, Plenty!

Q: How important is the name of a business? Should the name of a business reflect what the business does or is it better to come up with something catchy and easy to remember? — Randy P.

Achievements Outweigh Education and Experience

Q: When it comes to succeeding in business, which do you think is more important: education or experience? — Regina M.

Build A High Profit Business With Online Affiliate Programs

Q: I am considering starting an ebusiness using affiliate programs, but there is so much hype out there I can’t figure out which programs would work best for me. Everybody claims their program is best. I’d really appreciate some guidance here.