Making Better Business Decisions Using the Return on Investment Calculation

[content field="callout1" format="true" class="calloutwide"] One of the great challenges we face as entrepreneurs is how to deal with all of the choices we face. How should we spend our money, our time, and use available resources to serve our customers best and achieve success? Fortunately, there’s an app for that… well, not an app, but...

Cash Flow Part II: How to Take Charge of Your Bank

[content field="callout1" format="true" class="calloutwide"] Last month, in the first post of the series on Cash Flow,  I shared some important lessons I learned about finance by playing the game Monopoly. This month, I want to conclude the two-part series by sharing how to take charge of your bank and four strategies I've found can help...

Cash Flow Part 1: Important Finance Lessons I Learned Playing Monopoly

[content field="callout1" format="true" class="calloutwide"] I moved to New York shortly after graduate school, and spent the first few years living with the obligatory cadre of roommates. One afternoon we, along with another college friend, engaged in a game of Monopoly©. I remember this game well for three reasons: first, because I won it, and second, because...

Making Business Taxes Less Taxing in Five Simple Steps

[content field="callout1" format="true" class="calloutwide"]   A couple of months ago, one of my sisters e-mailed me from the dentist: one of my seven year-old nephews had three cavities, and it was not a pleasant visit. When we finally got a chance to catch up at Easter lunch, my nephew went through his new routine that will make...

The Biz Numbers You Need to Know When Looking For Investors

[content field="callout1" format="true" class="calloutwide"] For six years, a growing number of Americans have sat down in front of their televisions on Friday evenings to watch hopeful entrepreneurs ask for investment money from wealthy investors to help them continue to grow their businesses on the show Shark Tank. To some viewers, the program gives fascinating insight into how private...

create your budget

Simple Steps You Need to Follow to Create Your Budget in Just One Hour

[content field="callout1" format="true" class="calloutwide"]As we enter 2016, there are a few things that every small business owner should be thinking about financially: preparing and sending 2015 W-2s and 1099s, reviewing 2015 financials to begin estimating taxes to pay on net income, and getting employees’ 2016 payroll tax form in order are just a few....

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