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 […]
As a small business owner, you’ll hear a thousand times over that “cash flow is the lifeblood of your business.” Even if you’re sick of hearing it, it’s important for you recognize why the saying is so popular. Cash flow management will literally make or break your small business. According to Dun and Bradstreet, 90% of […]
It’s just about summertime, and vacation is fast approaching with the kids just about out of school. There’s no time I enjoy reading a good book — business or otherwise, than in the summer. I love that I can bone up on how to run my business under the shade of a tree in my […]
Every week as SmallBizLady, I conduct interviews with experts on my Twitter talk show #SmallBizChat. The show takes place every Wednesday on Twitter from 8-9pm ET. This is excerpted from my recent interview with @NicoleAFende. Nicole is The Numbers Whispererâ„¢ and President of Small Business Finance Forum. As a credentialed actuary with experience as a Chief […]
Starting a small business is not a 9 to 5 job. In the beginning your business owns you—you do not own it or your time.