Mike Mccowowitz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Thank you for everything that you and your team got to do. do you find yourself spending hours building and maintaining spread sheets? if so the website of the week will help you with these things. indinero.com will help you. it offers a free trial for under 50 transactions a month and a $29.95 monthly plan for small businesses. it's time to answer some of your business questions. mike and michael are with us once again. it's about gathering for your business? >> what is the most economical way -- >> there is a partner.com that

Made a lot of contacts at a trade show. >> great advice. thank you both for awful your advice today. appreciate it. if any of you out there have a question for the experts, send us an e-mail. mike and michael had really helpful advice on how to improve your business. now, let's get great ideas from small business owners just like you. >> our idea has been to use american companies as opposed to importing some of our componen s components. our customers like to have american product. also for us, we have been having problems getting it when we need it. >> we wanted to find a different way to ...

Main, as a way to simplify her business. >> i always wanted a coffee house because i wanted to be part of a community. i thought, wow, it would be great to have a coffee house and do our flowers out of it. >> while the coffee house is a step in the right direction, mike and his team found a number of things that jane could fix. including reconnecting with her celebrity contacts, adding a professional touch to her website and fixing her finances. but mike wasn't finished there. >> this wall right here is more of a wall of shame than it is a wall of fame. you should make this a very proud common...

And he writes what is the best way to showcase my idea to perspective companies that would want to buy my patent or license the company to produce and sell my product and pay me royalty. what is the best way to steer clear from patent scams? >> well, here is the real tip, go to trade shows. there is licensing trade shows, and go to those. but go to the trade shows where the targets -- the people that you want to ultimately buy your license are showing off their wares. you know they are legitimate and you can make the key contacts there. you will avoid scams. >> maybe follow-up on references, n...

Owners. and mike is here, great to see you both. you did a fantastic job. >> thank you. i did have a blast. >> you and your team did a great job. me when i watched that, the one thing that stands out, and i see this in so many small businesses, and you said, where are your finances. she had a stack of receipts. >> so many businesses don't want to talk about it, and she doesn't want to talk about the accountants. and he gave her a simple tip. look at every deposit that goes in and take a percentage for yourself. and immediately take a percentage for yourself. pay yourself first. >> if you can't...