September 2008

Find out where the candidates stand on the issues that matter to small-business owners. Take our poll. Tell us what you think. And find out what you should do to prepare for a John McCain or Barack Obama administration.
Taxes: Obama says he wants to raise capital gains taxes. Is now the time to sell your business?
Free Markets: What does McCain really think about free markets?
On his blog, The Eco-Capitalist, TerraCycle CEO Tom Szaky recently asked whether he should reduce the price of his eco-friendly cleaners to grab market share from mainstream brands. Here are a few of the responses his post received.

"The marketing machine of America has people believing they must spend more on 'green' products in order to save something (the environment, energy). Until that sentiment changes, why lower your prices?"

Posted by: Nate Earnest

"I'll take margin over volume any day. Don't surrender one penny of margin until you absolutely have to."

Posted by: Davey

"If you have investors, you owe it to them to create a profit. The best way to do that is to gain market share. You'll make up in volume what you lose in margin."

Posted by: Adrina Rubio

"What if you do steal some of Windex's marketshare? The parent company of Windex would lower its price to match yours. Now, you've lowered your price, dropped your margins, and found yourself unable to fight with Windex."

Posted by: Adrian Khoo
Felix Dennis, founder of Maxim, Stuff, The Week, and other magazines, says you will never get rich working for somebody else. At least, you won't get as rich as Dennis, who estimates that he is worth somewhere from $400 million to $800 million. The author of How to Get Rich opens up about his unconventional path to success.

Articles

Cash Management Basics
Cash is your business's lifeblood. Managed well, your company remains healthy and strong. Managed poorly, your company goes into cardiac arrest.
Me Want Cash Up Front
Getting customers to prepay.
The Nonstop, 24-7 CEO Salesman
Pat Cavanaugh not only sells more than just about anyone in his industry but also manages a fast-growing company at the same time. What's his secret? A personal discipline that makes the most of his every waking moment.
For the second year in a row, we have expanded the Inc. 500 tenfold. For full profiles of all 5,000 of the nation's fastest-growing privately held companies and lists of the top companies in each metro region, head to.