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Nifty ideas you can use to build a better business


ATM Fees

Want to save a few bucks every month for your small business? Reduce the number of your ATM transactions. Bankrate.com recently reported that the average ATM fee charged by institutions, on users who aren’t account holders, is $1.64. That’s a new record. In all, ATM fees have almost doubled since 1998.


Follow Your Instincts

The results of the sixth annual 2006 PRWeek/Burson-Marsteller CEO Survey revealed that CEOs are more likely to rely on their intuition than on data-driven analyses when making business decisions. Six in 10 CEOs indicate that gut feelings are highly influential in guiding their business strategies, while only four in 10 cite internal metrics and financial information or competitor analyses. “Business decision-making is a multi-dimensional process that incorporates instinct, information and foresight,” says Mark J. Penn, worldwide president & CEO of Burson-Marsteller, a global public relations firm. The bottom line? Listen to your intuition when making business decisions.



 

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