ENDING SMALL BUSINESS FAILURE
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 […]
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 […]
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 […]
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 […]