With more and more small businesses launching every day, many entrepreneurs and business owners are finding it increasingly hard to secure financing. This is where microloans come in handy; they are typically provided by non-profits and CDFIs (Community Development Financial Institutions) to provide an efficient, flexible, and fast source of capital to help you get […]
How to Price a Product or Service
Pricing is one of the biggest challenges for small business owners. When people decided to do business with you it’s typically based on six factors: like, know and trust and is your product or service cheaper, better or faster. If you ask people to pay too much for your product or service and they could […]
Who’s on #Smallbizchat November 2018
#Smallbizchat is a weekly conversation where small business owners can get answers to their questions. The focus of #Smallbizchat is to end small business failure by helping participants succeed as your own boss. Please join us live on Twitter every Wednesday from 8-9 pm ET. Here’s how: follow @SmallBizChat on Twitter and follow the hashtag […]
How To Develop Multiple Streams Of Income In Your Small Business
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 Joel G. Block @JoelBlock. A money business insider, Joel’s a long-time venture capitalist and hedge fund manager (gobbledygook for professional investor) […]
4 Accounting Software Features You’re Not Taking Advantage Of
Guest Article If you use accounting software every day to handle your books, on top of managing the day to day operations, you might not be leveraging all the features that will ensure your business is optimizing cash flow. Any accounting software has an accounts receivable (AR) module that can improve collecting payments from clients. […]
How to leverage your retirement funds to start a business
If your ready to transition for employee to entrepreneurship, once you decide what you want out of life the next thing you need to do is figure out how your going to pay for it. If you have significant money in your 401(k) or IRA and now your ready to turn your side hustle into […]
How to Establish Business Credit
If you are in business most likely your personal credit has been your business credit, but did you know that you can establish business credit. Cash challenges are real. We have all been there, needing cash flow to make payroll, purchase inventory, hire new employees and expand but can’t because the capital isn’t available without […]
The 5 Biggest Mistakes That Can Ruin Your Company’s Cash Flow
Guest Article Cash flow is one of the most important aspects when it comes to running a business. As a business owner, you’re always trying to balance the money coming in versus the money going out. While it is important for you to be making a profit, it’s even more crucial to determine whether your […]
Who’s on #Smallbizchat October 2018
#Smallbizchat is a weekly conversation where small business owners can get answers to their questions. The focus of #Smallbizchat is to end small business failure by helping participants succeed as your own boss. Please join us live on Twitter every Wednesday 8-9 pm ET. Here’s how: follow @SmallBizChat on Twitter and follow the hashtag #Smallbizchat and click here for directions […]
7 cash flow management tips every small business owner should use
Cash is king. If you don’t manage your money well, you could find yourself out of business quickly even if you have plenty of sales. I’ve written 7 of my best money management tips that every business owner should use to run a successful business. Use a Budget: Every Fall you should develop your new […]
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