Sep
18
2018
In simplest terms, cash flow can be understood as either positive or negative. Positive cash flow is money that comes into your business. This comes from sales or accounts receivable. Negative cash flow is money that goes out of...
Sep
12
2018
If done correctly, outsourcing can help your business pursue new opportunities and/or reduce costs, but if it's done incorrectly, it can cause more harm than good. This article looks at outsourcing through the lens of its pros and cons.
Outsourcing...
Sep
04
2018
A business plan is the playbook for your company. It explains what you're selling, who you're selling it to, and how much money you're earning and spending in the process. It also outlines your team roster and how you...
Aug
28
2018
The Small Business Administration offers many resources, tools and opportunities for small business owners. The 7(a) loan program is the flagship SBA loan offering, but it's not the only option for business owners. If you're unsure whether SBA loans...
Aug
21
2018
The assets referred to in asset-based lending are usually your business' inventory and/or receivables (outstanding invoices), which serve as collateral. You can generally access funds up to half the value of inventory or 70-plus percent of qualified accounts receivable...
Aug
14
2018
Typical small business growth can be divided into common stages that businesses across most industries will go through. Watch and plan for these as your start-up takes off.
1. Starting Out
You are your business, with, at most a few closely...
Aug
07
2018
Somewhere between "crazy" and "conformist" exists the perfect office environment.
This spectrum shows there's quite a range for office styles, and a lot depends on how you want your employees and your customers/clients to feel.
Office styles have evolved in the...
Jul
24
2018
New entrepreneurs often shy away from creating a business plan, but there's no reason to be afraid of one. You're just taking your ideas in your head and clarifying them on paper. Here are 10 tips for crafting a...
Jul
17
2018
Whether your business team is in your office or works from home, it can be difficult to manage a group of people. If you want to increase the productivity and effectiveness in your team, use these three tips that...
Jul
10
2018
Productivity is the watchword of the era, and achieving the maximum in minimal time tops many goals lists these days. There are a few things everyone can try to help improve daily productivity, but not everything works for everyone....