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Tip of the Day "Fee-Only" is Your Friend

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Web 2.0 and How It Works

Posted On: 2005-12-20
Length: 60:00

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Hi. This is Anita Campbell and welcome to the Small Business Trends radio program. I'm your host today and I am so glad you could join us. This radio program is a companion to the Small Business Trends website which you can find on the web at smallbiztrends.com That's small biz b-i-z trends.com. And it's all one. And you can find podcasts of our radio program at a sister site called SMBTrendwire.com. smbtrendwire.com for the podcasts.

Well we have a great guest today, Charles Jolley who is the CEO of Sproutit.com is here to talk to us today about Web 2.0 and what that means, and he's going to talk with us about some of the technology tools that you may be reading about or hearing a little bit about, and he's going to demystify all that for us. So we're really looking forward to talking with Charles, and you'll be introduced to him in just a few minutes. But before we start on that, I do want to point out, we have our regular features. We have Today's Trend segment and we also have the Six Disciplines tip of the day, which you'll be hearing later today.

Now for Today's Trend. For today I'd like to do something a little different. And that is I'd like to describe the top ten promising small businesses for 2006. First a few words on how I chose the top ten. First, I tried to stay with businesses that mainstream can identify with. You won't find specialized technology niches, such as nanotechnology, or biomedical, or RFID. Second, this list focuses on businesses that can be started by the average entrepreneur who does not have a huge financial stake. Some can be started for virtually no investment, and others may take a little bit more cash, but none of them will take millions of dollars in investment in infrastructure and equipment to get started. And third, this is my own exclusive list, developed based on my own trend spotting.

Ok. So here is the Small Business Trends list of top ten promising businesses for 2006...

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Definition of the Day Amortized Value

Amortized Value - The amortized value of any stock exchange security, which is determined by the process of amortization. Amortization is understood to mean the gradual depletion of a liability from the company's portfolio, such as a mortgage, loan, or lien against the company's property. The reduction of the liability...

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