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ArticlesCheck back each week for a new article, or subscribe to receive articles delivered by e-mail every Monday.144. A Business Worth Building is Worth InsuringBusiness insurance — also called commercial insurance — is an umbrella term for a variety of products designed to protect business or commercial interests. Some businesses require insurance that targets industry-specific challenges, but other types of insurance address risks common to all businesses. This article describes various types. 143. National Labs Want to Help Small Businesses Solve ProblemsThe New Mexico Small Business Assistance program provides free technical assistance and expertise from scientists and engineers at Los Alamos and Sandia national laboratories to New Mexico small businesses facing challenges with testing, design and access to equipment or facilities. Businesses do not have to be technology-based, however, the challenge they face must be potentially solvable using laboratory resources. 142. Buying a Business? Due Diligence Should be DeepAnyone thinking about buying or investing in a business needs to do due diligence to make sure it’s a viable venture with long-range income potential. But due diligence means more than just reviewing the balance sheets and income statements. Learn some other things that warrant close inspection before a buyer signs the final closing documents. 140. Program Brings Space Research Down to EarthSATOP is a nationwide cooperative program that provides up to 40 hours of free technical assistance to small businesses or entrepreneurs wrestling with engineering challenges that are impeding their success. SATOP uses technical expertise derived from the U.S. space program to address a variety of problems faced by existing or startup entities. 139. Grad Students to Launch LANL ProjectsLos Alamos National Laboratory’s MBA Summer Internship Program recently picked four graduate students to be summer interns and help the lab’s scientists and engineers find commercial uses for new technology and to assist real-life companies with business challenges. 136. Patents Aim to Protect an Innovator’s IdeasInventors with ideas and concepts that lead to the invention of marketable new designs, devices and methods of doing something should consider protection with a patent. Inventors and innovators can take some steps to decide if patent protection is warranted. 134. Open Coffee Club: Where Old School Networking Meets Cyber SocializingMore than 80 Open Coffee Clubs have sprung up around the world, all of which are based on the original London model: to encourage entrepreneurs, developers and investors to organize real-world informal meetings to chat, network and grow. New Mexico has three established Open Coffee Clubs — one each in Albuquerque, Los Alamos and Santa Fe. 133. Certification Can Help Small Businesses Win Lucrative ContractsThe federal government, state governments and local municipalities offer various categories of business certifications to make it easier for small businesses to win government contracts. Business certification offers the small-business owner new marketing opportunities with corporate and government buyers. 132. Retention Marketing Matters Now More Than EverOnline social networks provide forums that can spread both facts and rumors to many people at cyber speeds. Bad customer service today can cost a business not just one customer but potentially hundreds or thousands more who decide not to try a product or service based on one customer’s negative experience. Learn how to make your customers happy so that you will retain them. 128. Protective Impulses Should Apply to Original Works, Trade SecretsLearn the difference between copyrights and trade secrets, why you might need one, and how to obtain it. |
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