Pricing, cash flow, money and more.
[content field="callout1" format="true" class="calloutwide"] Managing the books is often one of the biggest headaches for small-business owners. When employees make purchases on behalf of the company — either with their own money with the intention of being reimbursed or with company money in the form of a check or credit card — managing the expenses...
[content field="callout1" format="true" class="calloutwide"] Recently I visited my college friend Alice—a friend from college, fellow small business owner… and now my optometrist. As she was checking my eyes out, she tried different lenses in the phoropter and ask “Which looks better, this,” and after making and adjustment, “… or this?” During this visit, I thought...
[content field="callout1" format="true" class="calloutwide"] On October 1, the new rules requiring merchants to comply with EMV and accept chip-enabled credit cards, or face liability for fraudulent charges made at their business went into effect. As most consumers have received — or will receive shortly — new credit cards that contain chips designed to better secure...
[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...
[content field="callout1" format="true" class="calloutwide"]This is the year: You’ve decided that 2015 will be a breakout year for your small business. Your local economy looks good, and interest in your products or services is rising. You know that you’re going to need some additional financing to make it happen. What you might not know is...
[content field="callout1" format="true" class="calloutwide"] Launching and growing a business is all about taking action. However, without the right budget and financial plan, no amount of action can drive your business in the right direction for steady long-term growth and trading. Whether you’re interested in starting a small business or building a large company, budgeting is the...
The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched BusinessCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses. Members took the time to share with us their answer to the question: What's your current favorite technology to track billable...
[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...
[content field="callout1" format="true" class="calloutwide"] The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched BusinessCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses. Members of the YEC took a few minutes to share their answer to: Which accounting software is...
[content field="callout1" format="true" class="calloutwide"] I was admiring the recent cover of Inc Magazine with Daymond John (of ABC Shark Tank) on the cover. A few weeks ago I heard Daymond Speak at a Capital One event, hosted by Gene Marks and amongt the many bits of advice he gave he shared one about the importance of...
