Pricing, cash flow, money and more.
It doesn’t matter what size your business is, fueling growth and maintaining a successful and thriving business often require borrowed capital. With that being said, borrowing money at the wrong time, borrowing for the wrong reasons, or borrowing the wrong amount can cripple or even ring the death knell for your business. Money Isn’t Always...
By Jon Fasoli, VP and Segment Leader, Small Business and Self-Employed Group at Intuit Financial forecasting can be the lifeblood of your business, especially if you want happy employees, a content landlord, and more opportunities to grow. And part of that involves keeping a watchful eye on your cash flow. Money coming in is great but,...
By David Axler, VP, Books, Banking and Tax, Wave It is true that business owners are facing countless challenges due to the current pandemic. But, still, many people are ditching their 9 to 5 jobs to start their own businesses, In fact, 4.35 million people in the U.S. submitted a new business application in 2020 alone...
Contributed by Ty Kiisel a Main Street business advocate, author, and marketing veteran with over 30 years in the trenches writing about small business and small business financing. Although it might not look like the pandemic is over, small businesses are largely back at it; serving customers and working on their businesses. Over the...
Contributed by Carole Anne, the bubbly head honcho of Key Admin - A professional bookkeeping business in Australia. As a small business owner, you can expand your business by ensuring its financial health. However, with so much to do, it is a very tough ask. Paying attention to the financial side of the business along with...
Contributed by Octavia Conner, a financial consultant specializing in outsourced CFO and tax services. It's a common belief among small business owners that achieving $1 million in revenue indicates success. However, many owners struggle to make their businesses profitable even when they reach high revenue figures. A $1 million consulting company with ten employees might have...
Invoicing is a very simple operation. It's a KEY part of small business success. To quickly invoice a customer and get paid. However, I'm surprised at how many business owners send me a "manual" invoice and want me to send them a check. I've not sent a check, in years. Several companies are offering free...
I applaud the awesome startups who raise funds and build billion-dollar valuation businesses. Guy Raz writes about some of them in his book "How I Built This". However, to think that the ONLY way to get the capital to build a business, is through debt financing or equity financing - traditional startup investment -...
For years I've struggled with being cash flow positive in my business. YES, I've started several companies. YES, I've sold two of them. YES, I've been blessed to have some measure of success. And YES, for years I've been in debt, using tons of credit and etc. However, over the past several months I've...
Contributed by Blake Hutchison CEO of Flippa.com You’ve invested time and money into building your online business from scratch, but now you’re ready to embark on a new adventure. Perhaps you want to free your schedule from the commitment that comes with managing a digital asset. The thought of traveling the world sounds enticing. Spending more time...
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