Financial, management, and business advice for entrepreneurs.
As a business owner, there are plenty of responsibilities that you delegate. Things like hiring, firing and bookkeeping. Your bookkeeping is an important part of your business. That job duty is responsible for tracking your business’s bottom-line. Without that, it can be difficult to know how your company is holding up. Having a bookkeeper that […]
No business gets by without any problems. Continuously solving problems forms the basis of successful companies. And so, rather than seeing them as a hindrance, see them as an opportunity for your business to improve and become more resilient. For five common problems many businesses experience, see below, along with advice on how to […]
One of the important things I learned from my mother who owns a fruit store is you list down everything that goes in and out of the store. That means you need to record things such as: How much merchandise you have already sold, How much money you have earned from those products Your […]
Everyone knows that running a business is a tough task to do, especially if you’re trying to take on too many jobs yourself. We know it can be tempting, because you want to make sure everything is done right, but a lot of the time, all you end up doing is wearing yourself out. In […]
Discovering your niche as a new business owner and developing a useful service or product is a great feeling. Whether you built your business yourself, inherited it, or recently got hired to manage it, there are some essential skills you should learn as a new business owner. The Bureau of Labor Statistics reports that […]
We’ve all heard the phrase “Cash is King”, and while we don’t want to sound a like broken record on repeat, this statement his very real. Nothing beats a business that can quickly liquidate cash to meet unexpected expenses, or to jump on once-in-a-lifetime opportunities. Even if a rival company might have the upper hand […]
Before the pandemic, teleconferencing was a meeting between managers and staff submitting weekly reports, daily morning briefings, idea-generating marketing campaigns, or just a remote way of introducing senior staff members to the rest of the team on the other side of the globe. Businesses would take advantage of this technology for its convenient form […]
If you sit down and think about it, is there anything that you can think of that your business is missing right now? When it comes to staff, it can feel as though you’ve got everyone you need, even when you don’t. There are certain specialists that make your life so much easier, and ensure […]
Small businesses and start-ups have a million things to think about. Depending on the business, you might need a physical office, staff, or other infrastructure – not to mention all of the accounting, paperwork, and legal stuff to get you up and running. You may have questions like Will my insurance cover radon mitigation? to […]
People who chase success are often asked what they’d choose between career and family. It’s as if having both can’t be an option. But the question isn’t nonsense, either. Most times, parents who manage a successful business sacrifice time with their family in return, bringing sense to the notion that balancing a career and […]