There may come a time when you realize your business expenses are out of control. Even if this day has yet to arrive, there is nothing wrong with taking a big picture view of your current budget. You may be surprised at what you find....
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While many small business owners have a budget, most don't know how to maximize this resource. Successful small business budgeting begins by identifying profit margins, and then wisely allocating expenses where you need them most. If you struggle with instituting a budget or you simply...
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Often an entrepreneur can spur initial business growth with sheer energy and force of will. At a certain point, however, you need capital to grow and stabilize. Determining your capital needs is a good exercise in goal setting, discipline and forecasting. Knowing your capital needs...
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No matter the size of your business, modern technology can have a truly transformative effect on operations. With the right tools, tasks become easier, employees become more productive, and in turn, this will strengthen the cash flow of your business. With that in mind, let’s...
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We’ve all heard the saying, “Cash is King.” While the words may be cliché, they’re also true — particularly for the small business. Without a cushy safety net or direct line to a big bank’s lending department, survival often hinges on your ability to effectively...
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You got funding. Woo-hoo! That’s an awesome step forward. So now, what’s next? A recurring dilemma that startups and young small businesses face after they receive funding is what to focus their new funding on. It’s your very own personal Catch-22. ...
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There is an app for almost anything now, making overwhelming tasks become as easy as clicking a button. Budgeting and staying on top of bills, for example, can seem intimidating at times, but these money management apps can help you take control of your finances....
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