Guest Article While there are many advantages to running a seasonal business, one of the primary challenges is managing cash flow – having enough money on hand to get ready for the busy season, making the most of the revenue generated in season, and having enough money on hand to survive in the off season. […]
5 Costly Payroll Mistakes SMBs Should Avoid
Guest Article Payroll is hard enough in a company of one. Anyone who has grown a business from their individual desk to multiple employees knows managing timesheets, invoicing, and worst of all, taxes, is not an easy burden to bear. The larger your business grows, the bigger that burden becomes—and so too does the room […]
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 […]
7 Mandatory First Steps Before Seeking Venture Capital
Guest Post As the founder of a startup, you are probably fundamentally aware of the inherent difficulties associated with the process of securing funding for your early stage venture. Further complicating the matter is the fact that the way venture capital firms evaluate a potential investment has undergone substantial changes in recent years. So before […]
Best Sources for Small Business Funding
Guest Article When you are in business eventually you are going to need money. Finding the best funding sources for your small business depends upon many factors. Often times, the key to determining the right capital source depends which stage of growth your business is in. As you move from start up to expansion, your […]
How to Manage Cash Flow In Your Small Business
If only it were that simple… Cash flow keeps your doors open and the bills paid. It compensates your employees and vendors, lets you upgrade your equipment, and supplies the merchandise with which you stock your shelves. When cash flow slows to a trickle, you immediately feel the burn. In my business, I focus on […]
7 Biggest Mistakes People Make in Crowdfunding Campaigns
As the SmallBizLady, I get a few emails a week from eager business owners who have launched a crowdfunding campaign with the hopes that I would write a story about them to boost their campaign. Well, I’m not going to do that. Here’s why: 9 out of 10 of them that I look at have […]
IRS Tax Alert: The Deadline for W-2s and 1099s Has Moved Up
As if we weren’t already scrambling to get our paperwork ready in time for tax season, the government has moved up an important deadline that you need to know about as a small business owner. If you have payroll employees or contractors, you are required by law to file either a W-2 form (for full-time […]
5 Steps to Take When Your Small Business is in Tax Trouble
Guest Post Every week, there’s another celebrity, athlete, business owner, or even next door neighbor in tax trouble. Millions of American taxpayers are dealing with tax debt hanging over their heads and concerned about how it will affect their future. Many people get in tax trouble for a number of reasons. They lose the paperwork, […]
Discovering The Path to Profitability in Your Small Business
Every entrepreneur needs to focus on growing profits for their small business. Just because you can pencil profit into the financial projections doesn’t mean it will automatically come to fruition. As an entrepreneur you have to commit fully to “minding your own business” to generate the profits that you seek. Here are several strategies I […]
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