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 […]
Why Small Businesses Should Be Excited for the New Tax Bill
Personal incomes taxes are due this week, but it’s not to soon to start planning for the next tax year. Taxes can be incredibly complicated to understand. When the new tax bill was rolled out by Congress in December 2017, many business owners started to panic because there were so many unknowns, but now that […]
9 questions to ask yourself before pursuing alternative funding
8,000 small business loans are turned down per day in the U.S., and this has created an amazing industry of alternative funders and cash advance lenders. This is expensive money, but sometimes desperate measures call for the need borrow funds just to keep your business going. There are plenty of lenders willing to do these […]
10 Secrets to Winning Small Business Financing
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 Diane Wekler, who has been igniting business growth and profits for 20+ years. She is a serial entrepreneur and author […]
Are You Ready for ACA Reporting for the 2017 Tax Year?
Guest Article Are you scratching your head about the status of the Affordable Care Act (ACA) … and whether you’re still responsible for reporting health plan coverage on your tax return? You’re not alone! The ACA was the target of much debate in the new administration’s first term, leaving a lot of questions in its […]
Is Crowdfunding killing innovation among small business owners?
Crowdfunding and innovation might seem like they would feed off each other, but new research suggests they may not mesh together as well as people might think. The Research study from INSEAD business school, from the University of Technology Sydney (UTS), HEC Paris, and Singapore Management University suggests that truly innovative business ideas struggle to catch on […]
Could you use an extra $10K for your small business this holiday?
Sponsored post Visa is helping lead the cashless movement by working to reshape how people pay and get paid. Visa will award $10K each to up to 50 eligible restaurant, café or food truck small businesses who best answer, “How would going cashless benefit your business and what does Visa’s cashless movement mean to you?” […]
6 Tips for Managing Small Business Finances
Guest Article Every company, big or small, is always concerned about one thing – managing money. Proper financial management is crucial to surviving a volatile economy and the industry competition. Small businesses, especially, need to exercise caution with their financial decisions from the very beginning. It takes more than just a good idea to run […]
10 Ways to Manage Your Cash Flow as Your Business Grows
One of the earliest lessons I learned in business was that balance sheets and income statements are fiction; and that cash flow is reality. You must learn quickly that metrics like profits, sales, or net worth don’t impact the day-to-day operations of a company as strongly as cash flow does. But some business owners don’t have […]
Understanding Customer Lifetime Value & Why It Is Important
How can you tell if your company is succeeding? Usually by looking at operating metrics like sales, revenues, and profit margin and then comparing these figures to your annual projections, historical numbers, or competitors in the same industry. But what metrics can you use to determine your company’s success in the long term? One of […]
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