As a business owner, you are probably looking for solutions to keep your business afloat since the coronavirus crisis started. If your cash flow has been impacted, you may qualify for a coronavirus SBA emergency loan to take care of payroll, pay your vendors, pay your office rent, reduce your payroll taxes, and pay your […]
Finding The Money To Start Your Small Business
The following is an excerpt from my book: Become Your Own Boss in 12 months or Less! A Month-by-Month Guide to Start a Business that Works! If you are ready to take the leap into entrepreneurship, you must get really focused on your finances. It will be a real test to get back to only […]
How to Say Yes to Profits and No to Taxes
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 recent interview with Octavia Conner, @SayYesToProfits. Octavia is the #1 Virtual CFO and Strategic Business Advisor to 6 and 7-figure businesses. She is […]
How to Look For Angel Investors If You Are a Female Founder
When I meet first-time entrepreneurs, almost every initial conversation eventually turns to “How and where do I look for angel investors”? This process is especially arduous for female founders. In 2018, Fortune magazine reported that only 2.2 percent of all venture capital funding in the U.S. went to companies founded solely by women, and another […]
8 Tips for a Better Small Business Loan Application
You can apply for a small business loan today from many different lenders, both traditional and alternative. These can help you expand your business, hire new employees, increase your sales or product research budget, and more. Here, we’ll explore 8 quick tips to help you create a better small business loan application. 8 Tips for […]
11 Things You Need to Know About Securing Corporate Sponsorship
A corporate sponsorship is a mutual business proposition that offers something in exchange for a financial commitment from a corporation. These relationships have been growing significantly throughout the years. So how can your small business tap into corporate sponsorships? Let’s look at 6 steps to securing corporate sponsorship and the 5 reasons why sponsorships fail. How […]
Five Secrets to Massive Cost Cutting in Your Small Business
Guest Article While most entrepreneurs think that the number one way to increase profitability is by increasing sales, this could not be further from the truth. In over two decades of being a business owner and coaching other CEOs, I have seen that in 80% or more of cases, cost cutting is by far the […]
10 Tips to Choose an Accountant for Your Small Business
Irrespective of the industry your small business falls into, you cannot understate the value of a good accountant. You can get a bookkeeper for basic accounting services, an accountant who has a degree in accounting for more complicated accounting and payroll services, or a certified public accountant who can help with tax planning and also […]
10 Things You Need to Know Before Buying Into a Franchise
Owning a franchise allows you to go into business for yourself, but not by yourself. A franchise owner operates by selling an established product or service which often has significant brand recognition (think McDonald’s or Orange Theory). A franchise includes not only a product, service, and trademark but also the complete method to conduct the business […]
What If You Lose Your EIN Verification Letter?
I recently decided to change business banks. And, as I discovered, when you decide to do this, you must have your personal ID, your articles of incorporation, and your EIN verification letter. I know my EIN number by heart since I’ve been in business 20 years, but that’s not good enough for the bank. In […]
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