Every business owner needs to know their financial numbers. Especially retailers. Jason Richelson, co-founder and CEO of Bookkeep says that not knowing your numbers can be one of the detriments to an online retailer. Sure it's great that you're selling items and making a "gross profit". However, what about the taxes, platform fees and other "hidden" costs...
There are 31.7 million small businesses in the United States. And we constantly hear about the good they do for local communities and the national economy overall. Our society reveres them as an integral part and supports them as such. And yet, in comparison to other countries, they’re laggards in regards to technology adoption. According...
By Sandeep Todi, Co-founder and Chief Business Officer at Truly Financial. Small businesses are only too familiar with the joylessness of dealing with traditional banks. They are constantly stung by high fees. They are even put on hold indefinitely while the piped music attempts to lift their mood. According to a survey by BlueVine, less than...
Are you struggling to manage finance in your small business? If yes, then the latest offerings from The Neat Company will ease your burden and save you tons of time. Neat, a leader in financial data management for small businesses, recently introduced easy-to-use bookkeeping and account receivable solutions. Known as NeatBooks and NeatInvoices, these...
Cash flow is the lifeline of your business. Whether it is the need for more capital from your supplier or hiring new employees — you cannot make better decisions to grow your business if you don't have good cash flow. What's more, good cash flow can help your company secure a loan with less...
You want to run and grow your business. Unfortunately, you can’t do that if you don’t get paid. Although you’re sometimes at the mercy of your customers when it comes to cash flow, there are some actions you can take to speed up payments. If you’re sick of waiting on late-paying customers, check out five...
Nowadays, technology plays a huge role in being able to run a business. And with so many people managing their businesses from home, these new technology solutions are needed more than ever. Stone DeSouza is the leader of the small business segment for Sage in the US. He was leading the accounting channel for two...
There are some things you should know how to do as a business owner and leader. One of the most important--understanding your business’s finances. Some business owners feel that finances are not their strength so they shy away from that aspect of their business. But, this creates a vicious cycle—the less time you spend...
Over the course of my entrepreneurial career, I’ve been asked the same question dozens of times by many different aspiring entrepreneurs. “How did you know when to make the jump?” Usually, these people are weighing the pros and cons of leaving a stable job to launch themselves into the entrepreneurial abyss. And while our Twitter feeds...
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...
