Pricing, cash flow, money and more.
Tax season begins as soon as the new year starts and here’s how it should look: the financial year ends at midnight, December 31. Whoever does your bookkeeping hands your financial records for the year to your accountant. Your accountant uses them to file your taxes. Later, you receive a tax refund. As tempting as...
Most of the small and medium enterprises fail to bloom because of the lack of funds. For reasons these enterprises fail to get a loan from banks and end up being subjected to other means of loaning money, which not only isn’t worth but come with unnecessary clauses. In order to address this shortcoming...
More than half of small businesses have not built a credit score. And that can be a major problem when those businesses seek out financing to grow their business. Small Business Trends recently sat down with Rania Succar, head of QuickBooks Capital, to discuss the importance of business credit scores and planning ahead for financing your small business’s growth. Watch the...
The industry of lending money to businesses is booming. We see it every week on Shark Tank - investors investing in businesses or sometimes just offering them a loan (which must be paid back) so the businesses can scale and get to the next level. Loans are often needed to purchase more inventory, to...
Every successful entrepreneur’s story includes a shout-out to someone or something that helped them along the way. If you’re just starting out and aren’t sure where to look for guidance or support as you work to grow your business, or whether you're looking to breathe new life into your vision, the U.S. Small Business...
Entrepreneur friends, let me ask you something: On a scale of 1 to 10, how excited do you get about reconciling accounts, issuing invoices, and handling other accounting matters for your business? Now, let me ask you this: Did you know there is accounting software that will streamline and automate all of this for...
While an entrepreneur’s time is best spent focusing on running the business, payroll is an important consideration. Payroll must be completed accurately and in a timely manner, for the sake of employees as well as for the government and payroll tax payments. What starts out as a simple payroll process can turn more complex,...
I’ve never met a small business owner who didn’t believe they were fiscally conservative when it came to running their business. Small business owners have to pinch every penny--it’s a matter of basic survival. What an entrepreneur believes versus what’s really happening can be two very different realities. Expenses accumulate, and it’s easy to lose...
Over the past few years, there seems to have been an increased entrepreneurial focus that's just about MONEY, GREED and OVERALL NASTINESS. Of course everyone is not like this, many executives have a heart and want to do good. However the image portrayed in much of the main stream media is a "dog eat dog" world....
Here’s an interesting exercise to do. It’s easy, and only requires basic math and some record keeping and it answers a very important question that all business owners need to ask themselves. The question is this: How much do you earn, net, per hour of work? Or put another way, how much cash lands in...
