Launching a business is tough. In many ways, it’s never been easier because the tools and resources are more accessible than ever. Still, the stats prove that fewer SMEs are successful, with the vast majority of them failing within five to ten years. Ouch. As an entrepreneur, the goal isn’t only to survive – it’s […]
Protecting Yourself In The Event Of An Audit
in Personal Finance/by Kenneth W. BoydIt’s the event that most business owners want to avoid the most when it comes to their accounts. Even in the event that no wrongdoing is found, audits can be terribly stress inducing, not to mention time wasting. However, if you’re getting audited, you can do more than simply sit and wait. You can make […]
Building Team Spirit Should Be Fun
in Entrepreneurship/by Kenneth W. BoydIt doesn’t matter what sort of business you run, whether you have a large nationwide corporation or you have a small team, the importance of having a strong sense of team cannot be overlooked. Everyone needs to be working together to help you achieve your business goals and objectives. However, this can be a […]
One Small-But-Powerful Tactic Small Businesses Can Use To Connect With Consumers
in Personal Finance/by Kenneth W. BoydLaunching a business is tough. In many ways, it’s never been easier because the tools and resources are more accessible than ever. Still, the stats prove that fewer SMEs are successful, with the vast majority of them failing within five to ten years. Ouch. As an entrepreneur, the goal isn’t only to survive – it’s […]
The Small Business Way of Managing Your Finances
in Entrepreneurship/by Kenneth W. BoydThe first few years of any new small business are important to its long-term success, with many lessons to be learned and challenges to overcome. Mismanaged finances and cash flow problems are the primary culprits behind business failures in the early years. Some businesses don’t keep track of their costs, fail to plan or keep […]
Financial Considerations When Starting Up A New Business
in Entrepreneurship/by Kenneth W. BoydStarting up a business is a very exciting time. It can be easy to get swept up with the making the ideas, generating a website and social media presence, creating logos and branding as well as finalizing your product or service. Although, along with those elements it is also important to consider your financial […]
5 Things to Do if You Have a Negative Credit Card Balance
in Personal Finance/by Kenneth W. BoydDid you log into your online banking account to find that you have a negative balance on your credit card? Your heart might have dropped for a moment — how could you have accrued this much debt? What does having a negative credit card balance even mean? You can relax: having a negative credit […]
Creating a Bright Future For Your Business
in Entrepreneurship/by Kenneth W. BoydThings might be going well for your business right now, but it’s always important to remember that ‘right now’ won’t be around for all that long. The future is coming whether you like it or not, and when it does, the business conditions and the requirements for success will be different from what they are […]
5 Must-Know Resources for Seniors Starting a Home Business
in Entrepreneurship/by Kenneth W. BoydNow is a great time to launch a home-based business if you’re a senior looking to make some extra money in a post-retirement career. If you’ve never run your own business before, it can be both exciting and intimidating with all the unknowns ahead of you. The good news is that you are not alone, […]
Why All The Hype Around Cryptocurrency?
in Personal Finance/by Kenneth W. BoydOver the last couple years, investing in cryptocurrencies has become very popular. What’s all the hype about – and is now a good time to get involved? This post explains it all. What is cryptocurrency? Cryptocurrencies are digital currencies. Bitcoin is the most famous example and was the first cryptocurrency to be invented. It was […]
5 Tips on How to Manage Your Money Properly
in Personal Finance/by Kenneth W. BoydGood financial skills will help you make ends meet and manage your money properly. When you have impeccable financial management skills, life will be much easier for you. How you spend your money greatly affects your debt and credit score. If you find yourself in the vicious circle of living on loans and paycheck […]