How to Survive in Small Business with Limited Capital

It’s not easy running a small business with limited capital. If you are just starting out a new business venture, the challenges are even greater. Limited capital is the single biggest factor in determining how much you can, and cannot do to meet the needs of your customers. Having limited funds does not need to […]

How to Better Manage Your Money in Your Small Business

Small business ideas

When it comes to running a small business, it’s all about how you manage the money.  Even profitable companies can be doomed by poor cash flow, and it’s not a rare phenomenon. Struggling to collect payments from clients, and having invoices that linger for more than 90 days are shockingly common problems for small business […]

How to Save Money to Start Your Dream Business

If you follow this blog, you know that I preach that you must start saving aggressively while you are planning to start a business. I am always thrilled to hear about ideas people have for a business, but the bottom-line is people who have savings/assets have options for starting a business. No savings = No […]

How to Save Time and Money In Your Small Business

Time is the most valuable thing you can give anyone especially for entrepreneurs.  Last week, I spoke with Sage CEO Stephen Kelly, about how to help entrepreneurs save time and money, because time is money in business, Right?  Here’s a link to our Youtube chat.  New research commissioned by Sage shows that entrepreneurs worldwide put […]

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 […]