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Is Your Business Technology Outdated?: By Sylvia Rosen
If there’s still a typewriter in your office, it’s probably time to consider upgrading your business equipment. The fact that you’re reading this article online is a good sign! But frequently, many companies – and even entire industries – can stay tied to older equipment and software.
Sound familiar? If so, you should know that upgrading isn’t as costly as you might think. In fact, the advancements made in practically every avenue of communication equipment more than makes up for the cost and hassle of switching.
Here are three previously-widespread types of office equipment and their modern-day upgrades:
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Entrepreneurs Consider Leasing vs. Buying a Phone System: Tweet
By Sylvia Rosen

“To lease or to buy?” That is the question entrepreneurs ask themselves when it comes to purchasing office equipment. And one piece of equipment that your office absolutely needs is a business phone system. Unfortunately, this purchase can be an expensive one – especially if you don’t do your homework.

The cost of a business phone system can depend on a number of variables including: telephone features, system size, number of extension lines, call volume, and more. A new phone system with five to 15 lines could cost $1,500 to $5,000 dollars. However, leasing a phone system could cost considerably less.

Before you make a decision whether to buy or lease a phone system, consider these leasing options.

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Pareto's Principle | Women Entrepreneurs Practical Tool To Find Company Profit: Exclusive to our ExitPromise.com Members, this practical Tool helps women entrepreneurs discover the source of their Company's Profit.

The Pareto's Principle applied to business states that 80% of a Company's profit typically is derived from 20% of a Company's customer base.

Don't leave Money on the Table! Find out if this principle applies to your business by downloading this tool now!

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Pareto’s Principle (80/20 Rule) Applied to Women in Business: Tweet
By Holly A. Magister, CPA, CFP®

Women in business want to know that their entrepreneurial efforts will result in making money. However, many struggle to recognize where they are making money and where they are not!

We shared with our members the first step in Understanding the Importance of a Minimum Order in our last Money on the Table Tuesday℠ post. If a woman entrepreneur undertakes this first step, she has a complete top down list of her customers or clients—those producing the greatest to the least amount of gross revenue to her business.

With this information, she is now armed with extremely valuable information to understand where she is making money and how she can improve the value of her business. Without this understanding, a woman in business will undoubtedly, leave money on the table.

To the delight of many successful businesswomen, the Pareto’s Principle applied to their customer base gross revenues tells them exactly the source of their profit as well as their unprofitable relationships. By applying Pareto’s Principle, also known as the 80/20 Rule, a woman in business will uncover the true source of her company’s profit.

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What to Do When the Senior Generation Has Trouble Letting Go: By Wayne Rivers, CEO Family Business Institute

The purpose of this report is to help senior and successor generations in family businesses understand the factors associated with intergenerational transition, describe the behaviors that indicate whether a transition is likely to be problematic or not, and to propose strategies for resolving intergenerational issues so that neither the business nor the family is torn apart.

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