How to Write a Business Plan Part III


You have developed your business model and your marketing plan. Now, in Part III of my four-part series on how to write a business plan, it’s time to develop your operations plan, budget and sales projections. This is where you go from dreamer to business owner, folks! If your business is not designed to make money, […]

7 Ways to Manage Cash Flow


There are so many unique aspects to owning a business. While we can discuss all the ways in which you can gain and retain clients, it’s all for naught if you don’t know how to manage your cash flow in your small business.  It’s important to understand the systems you should have in place in […]

3 Signs Your Cash Flow is in Trouble


As a small business owner, you’ll hear a thousand times over that “cash flow is the lifeblood of your business.” Even if you’re sick of hearing it, it’s important for you recognize why the saying is so popular. Cash flow management will literally make or break your small business. According to Dun and Bradstreet, 90% of […]

5 Ways to Run Your Business on the Cheap


When you first start out in business every entrepreneur has two things: limited time and limited resources. So when you are bootstrapping your business, every dollar counts. We’re all looking for ways to cut costs and maximize results for our businesses without breaking our budgets. The key to saving money is being creative and disciplined. […]

Is Your Credit Card Processing System EMV Compliant?


You may not pay much attention to your merchant card services account in your small business, but here’s why you should immediately: On October 1, 2015, all businesses that accept credit cards must have systems that accept EMV chip credit cards. EMV stands for Europay, Mastercard and Visa, the three credit card companies that initially […]

How to Beat the Mid-Campaign Curse in your Crowdfunding Campaign


If you’ve ever started a crowdfunding or fundraising campaign before, you likely know about the mid-campaign curse. Most crowdfunding and fundraising campaigns start strong only to struggle until the last few days, but that doesn’t have to happen to your campaign. Months of buildup and pre-launch buzz ensure good fundraising over the first couple of […]

How To Investigate A Business Customer’s Credit


Guest Article You have a new customer and they want to pay after you deliver your product or service. Essentially they are asking you to extend them credit. Like every bank that lends money, you should check your customer’s credit to make sure they have the financial capability to pay you when the time comes. […]

Do You Know Where Your Money Is?


Every week as SmallBizLady, I conduct interviews with experts on my Twitter talk show #SmallBizChat. The show takes place every Wednesday on Twitter from 8-9 pm ET. This is excerpted from my interview with @HollySignorelli. Holly Nicholas Signorelli, CPA, The Money Therapist™ has 26 years of experience and is the owner of a boutique firm that […]