Small Business Cash Flow Management: 5 Useful Strategies
“Never take your eyes off the cash flow because it’s the lifeblood of business.” – Richard Branson. Cash flow management is an integral part of running a successful business. It’s a practice that is meant for not only large corporations but also small business owners to benefit greatly from an efficient cash flow plan. An “Intuit […]
How to Structure & Write an Impressive Flower Shop Business Plan
Flowers bring freshness and natural aesthetics to every occasion, be it a wedding or a convocation ceremony. Despite seasonality in demand, flower shops see fairly regular client requests and come with solid business potential. With novel techniques emerging in flower arrangement and decoration, florists are presented with a golden opportunity to offer exotic flowers and […]
10 Financial Planning Strategies for Small Businesses
Starting and growing your own business from the ground up is challenging but incredibly fulfilling. There is no clear start or end line and no clear set path. Each entrepreneur needs to find their own way to attain their goals. However, it’s not always a smooth ride. Running a small business invariably brings along ups […]
How to Improve Retail Store Management
Every retailer in today’s competitive market has a common goal: They want to ensure that their customers have a great shopping experience while keeping an eye on their profit margins. With the growth of eCommerce platforms and the digital boom, smart business owners understand the value of keeping up with the curve. The key to […]
The Best and Worst States for Business Taxes
“In this world, nothing can be said to be certain except death and taxes.” – Benjamin Franklin Taxes are an unavoidable cost of doing business. No one enjoys the amount of labor involved in calculating taxes. Still, it is both a legal requirement and a duty businesses assume in exchange for the significant assistance society […]
How to Avoid Small Business Loan Scams
From charity and phishing scams to pandemic debt settlement scams, business loan fraud issues are at their worst ever today, and scammers continue to find innovative ways to prey on the unwary. Many firms rely on business loans, yet business lending is also plagued with scams. Fraudsters operate both within and outside the United States, […]
Unemployment Shows Hope Post Coronavirus
It’s easy to take a quick glance at the current state of the economy and unemployment rates and feel like we’re in a pretty desperate place as a country. But the truth is that some promising information from the Council of Economic Advisers and other outlets has been released in the last couple of weeks that hasn’t […]
The 5 Best Small Business Automation Software Tools
As a small business owner, you have a lot on your mind: cash flow, employees, marketing, regulations. You know, all that fun stuff. And because of this, it’s easy to wear yourself thin. Luckily, here in the twenty-first century, there is a ton of automation software out there that will help you streamline your operations […]
Tips For Running Your Business During An Election Year
Before they’re even inaugurated into office, presidential candidates have an impact on the American economy during the unpredictable months leading up to the election. Election years are known for being filled with uncertainty because as campaign speeches make promises of lower taxes, higher tariffs, new business regulation laws and environmental standards, it can be hard […]
Stability & Liquidity For Your Business In A Post-Covid World
While the U.S. economy grounded to a halt over the last couple of months, many business owners depleted their cash and working capital to a point where they’re facing liquidity issues. This isn’t entirely surprising because many entrepreneurs had to spend cash to keep their life’s work in the black. But entering into the post-COVID […]
