New business owners become overwhelmed by expenses, taxes, and financial issues in a short time. With so much to do and manage, it is challenging to keep tabs on expenses. But, if you want to stay in business, you must keep your spending in check, stay on top of your tax responsibilities, and prioritize tasks […]
3 Ways to be Smart about Business Expenses as a New Business Owner Read More
2018 should be an exciting year for small businesses, with lower taxes and a bubbling economy. This is no time to take your eye off the ball – you must continue to pay attention to your money habits if you want your business to do its best. Here are seven tips to help strengthen your
Money Habits for Business Owners to Employ in the New Year Read More
The new year brings opportunities to make your small business more successful. There’s no better place to start than with your annual budget. It encapsulates your revenue and expense expectations in a single spreadsheet. Here are some handy tips for creating your new budget: Analyze last year’s budget: How closely did your estimates match actual
Tips for Creating Next Year’s Budget Read More
Whatever small business you run, there is a core set of financial and related functions that just about every business must perform. In 2017, that means choosing apps that meet your requirements and are easy to use on your computer and smartphone without breaking the bank. Here are some of the top apps that fit
Best Apps to Use to Better Manage Your Business Finances Read More
Small-business owners usually don’t have the time or money to routinely make big changes to their businesses. However, you can consider easy changes that have the potential to make a big difference to your company’s bottom line. Here are four tweaks you can make to help ensure you spend your money wisely and increase your
How To Tweak Your Small Business for Success Read More
If you run a small business, especially one in which you’ve empowered others to spend company money, you know how important it is to manage your cash flow. It comes down to a question of solvency: Does your business have enough short term cash to meet its obligations, including debt payments due throughout the next
Is Keeping a Debt Tracker Beneficial to Your Business? Read More
Many small businesses experience one or more slow seasons each year. For a B2B business, the year-end holidays might be a slack time, while tourist-related businesses might have little to do during the coldest (or hottest) months. Although challenging, a slow season is at least predictable, which means you can make preparations to see your
How to Get Your Finances Ready for Your Slow Season Read More
Whether you are a startup or a seasoned company, small businesses rely on cash flow to stay in operation. Budgeting is the primary weapon a business owner has to control cash flow and predict possible shortfalls. If you want long-term success, you must maintain a budget and adjust your operations when budget tracking indicates the
Business Budget Basics: 5 Things you MUST be Doing to Ensure Success Read More
Many owners of small business do their own accounting, usually with the help of a software package such as QuickBooks. This can make sense if you run a one- or few-person operation, are familiar with basic accounting, and have the time and inclination to take on the work yourself. For you DIYers out there, we
DIY or Hire an Accountant? Read More
Every business owner hopes that the upcoming year will be more successful than the last; but instead of just hoping, entrepreneurs can create plans to ensure those goals are met. New product launches, expansion and franchising are common way to increase sales, but they are risky and costly. However, implementing a new or improved marketing
Increase Sales in 2017 with a Solid Marketing Plan Read More