Tag Archives: small businesses

Microsoft and GoDaddy announce strategic partnership to help small businesses

Partnership gives small-business owners Office 365 productivity advantage coupled with award-winning customer service.

REDMOND, Wash., and SCOTTSDALE, Ariz. — Jan. 13, 2014 — GoDaddy, the Web’s top platform for small business, and Microsoft Corp. announced on Monday a long-term strategic partnership to offer Office 365 as GoDaddy’s exclusive core business-class email and productivity service to its small-business customers. This partnership supports GoDaddy’s ongoing push to deliver premium small-business management solutions. Serving 12 million customers worldwide, GoDaddy has created a simple experience for small businesses with industry-leading productivity tools backed by best-in-class customer support at an affordable price. (more…)

Read More

What’s your story? Six strategies for entrepreneurs

ANN ARBOR — An entrepreneur’s backstory plays a critical role in the success or failure of a fledgling venture, says Lianne Lefsrud, a postdoctoral fellow at the University of Michigan Ross School’s Erb Institute.

“Especially for entrepreneurs with limited financial resources, stories are a way to create resources if you can make sense of the world with your stories,” Lefsrud said. (more…)

Read More

How to Find the Right Business Credit Card

Even in a volatile economy, business can still flourish with the right attitude and the proper financial discipline. Liquidity and cash flow is essential to the continued operations of a business in the short term and in the long-term. With many of the traditional financing options unavailable to small businesses, the only course of action for many business owners is to find the right business credit card.

The right business credit card can provide a business owner with liquidity in emergency situations. It can also be a lifesaver in that the business owner will not have to wait on any bureaucracy or paperwork in order to get the money that he or she needs to fix a short-term situation. (more…)

Read More

2012 Economic Forecast from UMD Business Faculty

COLLEGE PARK, Md. – A weak housing market, tight credit for small businesses, no significant growth in the banking sector, anemic consumer spending, and modest sales for retailers – that’s the outlook for 2012 according to experts at the University of Maryland’s Robert H. Smith School of Business.

“Several important dynamics frame the 2012 economic outlook,” says Cliff Rossi, Tyser Teacher Fellow and executive-in-residence. These factors include:

  • Massive financial leveraging across the board by sovereign countries, state and local governments, banks, businesses, and individuals;
  • Fear and uncertainty among consumers and investors, despite faint signs of optimism at times;
  • Political self-interest and brinksmanship increasingly interfering with effective policy making. (more…)

Read More

The Cloud Makes a Big Difference to Small Businesses

REDMOND, Wash. — What do a customized wheelchair, an all-natural bar of soap, a calming yoga class for kids, an engaging community magazine and international relief supplies organization have in common? These products and services are all delivered by small businesses to a growing customer base.

Each business also happens to be among the winners in the Microsoft Office 365: Ready for Work Contest. The business owners have several traits in common, including a passion for their work, a strong desire to help people, and a deep resolve to approach challenges with unique products and services. (more…)

Read More

Lack of Credit Forces Many Small Business Owners to Finance with Personal Assets

*MU researcher says business owners can put their households at financial risk* 

COLUMBIA, Mo. – Small businesses are seen as an important part of the American economy. These businesses often rely heavily on loans to stay afloat. The recent economic recession has created a reduction in available credit for many small businesses, making it difficult for many businesses to operate. Tansel Yilmazer, assistant professor in the personal financial planning department in the College of Human Environmental Sciences at the University of Missouri, says that lack of available credit has forced many small business owners to use their household savings or other personal assets to support their businesses, putting their personal assets at risk.  (more…)

Read More