Entries by Robert Gloer

Improve Your Business Credit with These 7 Steps

It can take a while for a small business to establish a credit rating and even longer to improve one. But make no mistake, your credit rating is an essential element when you seek credit or a loan. It also helps get you approved by landlords, suppliers, and vendors. Business credit scores are available from […]

Taxes in 2020 — Small Business Checklist

As we ease into the next tax year, it’s the right time to assess what’s new for businesses: Minimum wages: They went up in 13 states. You’ll need to refigure the withholding and deductions on affected employees. W-4 forms: They’re new for 2020, reflecting the removal of allowances for calculating paycheck withholdings. Overtime rules: About […]

Are You Ready for Your 2020 Budget?

You can’t put it off any longer. The time has arrived to prepare your 2020 budget that’s so necessary for important activities such as: Projecting cash flows Preparing for taxes Identifying borrowing needs Evaluating growth opportunities Assessing performance The stakes are high, because 50% of small businesses fail during their initial five years. You can […]

Get Your Business Budget Ready for the Holidays

Your business’ budget should reflect the challenges and opportunities of the holiday season. The process starts with goal-setting: What volume of business do you want to achieve in the holiday period, and what expenditures should you make now to reach your goals? It’s easier to update your budget by breaking down your goals into a […]

Team Building Ideas to Strengthen Your Business

As a business owner, you ultimately must ensure that new recruits mesh well with your established team. Unfamiliarity can breed problems and inefficiencies, and it hampers proper communication. One way to bring new employees into the fold is through team building exercises. These activities help foster interdependence and trust among your employees. New employees learn […]

7 Ways to Avoid Financial Stress When Running a Business

Running your own business requires careful thought and planning. But even with all that, it’s hard to avoid feeling financially stressed from time to time. Handling the stress productively can help your business succeed. But avoiding it in the first place can also make your job far more enjoyable. Here are seven ways to sidestep […]