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 […]
Shipping Prices Have Gone Up, Are You Ready?
It was announced recently that the United States Postal Service has raised rates and is ending Saturday delivery service for everything but packages starting in August 2013. Are you a small business that does a lot of shipping to your customers? If so, this rate hike could be taking a bite out of your profit […]
8 Things Small Business Owners Can Do NOW to Save Money!
1. Track Expenses Using a Budget. Budgets are about planning and tracking spending -you need financial information to make business decisions. Track business expenses by month or by quarter. Ideally, you should have a twelve month budget, but at the very least, make a three-month budget. 2. Eliminate Unnecessary Expenses. Club memberships or services with […]
The Entrepreneur’s Job Description PART I
It will take every bit of enthusiasm and energy you have to grow your business into a viable enterprise and a powerful brand. If you think you work hard now with a job working in corporate America, you are in for a rude awakening once you start your small business, particularly if you are used […]