Pricing, cash flow, money and more.
After you start to make money, you need to put it in the bank and hold on to at least some of it. After all, it’s your money that fuels business growth, provides for needs, and ultimately leads to a lifestyle of freedom, abundance, and charity. I recommend that you have 2-3 months expense...
Filing for bankruptcy might seem like the end of the world, but it doesn’t have to be. Many small business owners manage to bounce back and rebuild their dream with a bit of help. However, that isn't to say that it will be easy (otherwise everyone would be doing it). The biggest challenge you will...
This is the first in a series of articles on the most important principles of finance. Several years ago I was in an accident, and following it I asked myself, “If I knew that I was no longer going to be able to work, what would I say that would let my message to...
Have you noticed how many skills it takes to be the owner and CEO of a small business? I find it one the joys, and an occasional challenge, of running my own small business. Over the past few years, I have learned a lot about marketing, setting up and maintaining a website, and writing/producing...
Entrepreneurs are all about the hustle. We want to maximize our time. We work in non-traditional spaces. We want to connect with like-minded professionals. Capital One Spark Business is launching a fresh campaign this week called We Work As One. This campaign blends a few elements. Providing a Cafe experience for business owners to network, get work done,...
Bookkeeping is an essential business activity, typically undertaken by an employee in-house or outsourced to a professional bookkeeper or firm. However, with the rapid evolution of business technology, entrepreneurs and small business owners can streamline the most time-consuming parts of the bookkeeping process, fostering a more efficient workflow while cutting down on costs. Generally, a...
What if I told you that you could make thousands of dollars in just two weeks? It seems crazy, but it's completely plausible. It just takes a little guidance and some trust in your product to see a cash influx to take your business to the next level. I recently spoke with Amanda Goldman-Petri, the founder...
Issuing payroll means more today than writing a check. It means navigating a complex set of websites to file various taxes, issuing checks, and maintaining employee and company records. Depending on how many employees you have, it could take a few minutes or a few hours each week to complete your company’s payroll. It...
Sometimes, no matter how hard you work or how dedicated you are to your business, there are obstacles that seem like they are going to be impossible to overcome. One of those obstacles often rears its head in the form of financing. You’ve got great customers who you know will pay, but not right at...
As a small business owner, you are constantly learning new things. It’s exciting to have different experiences every day. Learning how to manage small business finances may not be the most exhilarating part of running a business, but knowing how to leverage the information in your books does help you make savvy business decisions....
