Budgeting & Finance Forecasting for Your Small Business
You can boost your business’s chances of success by expanding your operations, purchasing new software, purchasing goods, or hiring more employees. They do, however, necessitate capital. Budgeting and forecasting capital are the two most beneficial strategies for establishing long-term, successful business plans. There are several significant distinctions between budgeting and financial forecasting that entrepreneurs must […]
What is a Good Credit score: Tips for Improvement
Business credit scores are some of the most important benchmarks financiers look at before offering lines of credit to businesses. So what is a good business credit score, and what contributes to its calculation? Business credit scores are determined based on business longevity, payment history, and the amounts owed to financial institutions. Lenders often look […]
What is Invoice Factoring: How it Works & Benefits
Invoice factoring, especially for small businesses, has grown to become one of the chosen methods of acquiring much-needed finances. With a market size of nearly $1946.5 billion in the year 2021 alone, the industry is set to grow at a compounded annual rate of 9.4% over the next decade. So, what is invoice factoring? What makes […]
The Benefits of Business Intelligence in Retail
“Where there is data smoke, there is business fire.” — Thomas Redman. Big data has revolutionized the way we do business. Notably, 70% of companies believe data discovery is essential for growth. Moreover, data analytics can make decision-making five times faster. The key is finding the best methods to collate, analyze, and present data in the form […]
Business Plan For Landscaping
From grass to gardens and everything in between, you know what it takes to keep a lawn healthy and attractive. However, landscaping skills do not necessarily transcend into business skills. Even if you offer a high-quality service, you risk losing out to rivals with a stronger business investment. If you’re looking to start your own […]
How to Manage Finances in Business
A business owner’s to-do list is never-ending! You may be an expert at building and marketing your products or services, but you may not have the experience to master your business’ finances. When you’re caught up in the daily grind, it’s tempting to avoid the burden and confusion of financial decisions until the very last […]
Manly Man Company: Born Out Of Love
A “broquet” to end all bouquets… The Manly Man Company sells hand crafted beef jerky floral bouquets that “are 100% edible and truly are made for that rugged one of a kind, hammer swinging, IPA drinking, duck hunting, beast of a man-animal you call yours.” The idea for the Manly Man Co. came to Greg Murray […]
Jeni’s Splendid Ice Cream: Dreaming of Ice Cream
Jeni Britton Bauer was born dreaming of ice scream. Her journey to becoming an ice cream mogul was anything but straightforward, although looking back, it’s clear she was meant to found Jeni’s Ice Creams all along. Jeni’s passion for flavor started with her first high school job at an ice cream parlour, then transferred to her next […]
ClassPass: Hacking Is The Sincerest Form Of Flattery
Constantly being hacked could be a sign of flattery from people who really want your business. Payal Kadakia, founder of ClassPass, was smart enough to realize this and change her business model accordingly. Kadakia didn’t know it at the time, but all of her life experiences were leading her to form a wildly successful start up […]
Alex and Ani: Celestial CEOs
Nearly 40 years after starting the business, Ralph Rafaelian’s daughter, Carolyn, decided to take the family jewelry vocation a step further and turn their small business into a major brand name of her own. Alex and Ani traces back to 1966 when Carolyn Rafaelian’s father began manufacturing jewelry with all made in America materials. Using this […]
