Financial, management, and business advice for entrepreneurs.
When it comes to your business finances, managing them is likely a lot harder than you think. When you first start out, there are very few things that need to be done at any given time by you alone, which is why you have time to go through the business finances. However, as your business […]
Setting a business budget is essential if you want to make as much profit as possible. If you allow yourself to spend aimlessly, then you will likely not maximize your potential profit. A budget helps you stay within your means and make better financial decisions. If you are struggling to stick to your business […]
Financial management will always be a pivotal part of every business that wants to improve profitability and stability. But with the many duties that entrepreneurs need to attend daily, there may be instances when one would find it hard to keep track of their cash flow. Luckily, with the numerous digital solutions nowadays, handling budgets, […]
It’s June of 2021, and business costs are increasing in a number of industries. Manufacturers are paying more for raw materials, computer chips are in short supply, and restaurants are struggling to find enough staff. There are several factors that may hurt your bottom line: As we come out of the pandemic, consumers are […]
Freelancing offers many benefits. As a freelancer, you get to choose the clients you want to work with, decided on how much workload you want to juggle, work anywhere you want and allow you to work on a variety of projects. Getting further in your career without having to work for a single employer- or […]
The Biden Putin summit is dominating the news in mid-June of 2021. There’s a lot on the line, including security in Eastern Europe, trade, and cybersecurity issues. Both sides have strengths and weaknesses. Take economics, for example. The US economy (measured by gross domestic product) is over 20 trillion dollars, while Russia’s economy is about […]
The construction of apartment buildings is one of the most complex and large-scale projects one can undertake. Large jobs take up thousands of square feet and cost a lot of money. How do you maintain the highest quality and safety of your project, while keeping vital construction costs under control? In this post, we […]
Managing a business involves several things – from monitoring competitors to engaging the market to oversee the production process, hiring and training staff, and ensuring that taxes and all accounting reports are submitted on time. Accounting is one of the most important aspects of a business. Without it, a company can get into hot water […]
Today we know that the tax prep industry is expected to grow by 4% compounded annually. This is why now more than ever, it is important to learn some of the rudiments about taxes and bookkeeping to stay on top of your business, and also adhere to some of the new ways in which people […]
Outsourcing certain services for your small business may have an initial cost, but over time it can work out as a good investment. If you’re running a small company, it can be time-consuming trying to manage different departments, particularly if you don’t have training in these areas. You can also outsource services for your […]