As a small business owner, you wear a lot of hats. From the creative and visionary aspects to the nitty-gritty of sales and operations, you have a lot to juggle. For many entrepreneurs, bookkeeping and accounting don’t come naturally, but they are vital to your business. Investing in professional accounting services can help with so […]
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 […]
Why Your Small Business Needs Professional Accounting
in Entrepreneurship/by Kenneth W. BoydAs a small business owner, you wear a lot of hats. From the creative and visionary aspects to the nitty-gritty of sales and operations, you have a lot to juggle. For many entrepreneurs, bookkeeping and accounting don’t come naturally, but they are vital to your business. Investing in professional accounting services can help with so […]
Proven Ways to Gain Control over Your Finances
in Personal Finance/by Kenneth W. BoydHave you ever looked into your wallet and wondered where all the money went to? I have been there; I know how frustrating it can be. I could go for months without looking at the details of my credit card bills. I always had piles of unopened bills lying on my kitchen table. I kept […]
Where Is The Next Major Risk Coming From?
in Personal Finance/by Kenneth W. BoydAfter disruption to the economy that this pandemic has brought, we all just want to be ready for any future event. We can all feel the sense of dread in the air and severe anxiety hands in the balance. The pain and suffering that our businesses and assets have had to go through should not […]