Small Business Blog for Entrepreneurs and Startups
Accounting and bookkeeping is vital for small businesses to track their sales, expenses and profits. Read my review of Quickbooks Online and Intuit Gopayment, the mobile credit card reader and payment processor that automatically syncs with your account of Quickbooks online seamlessly. Discover cash flow management tips, how to get paid as a DBA Sole Proprietor and how to collect debts from your customers lawfully.
Business owners are always looking for ways to cut down on costs, and one of the ways that you might be considering to keep company expenses down is by picking which benefits to offer your employees. Let’s get one thing out of the way first: there are benefits that you are legally required [...]
Tax Day is coming up quickly, meaning that you must get your finances in order. You might forget to take some small business tax deductions if you do not. These tax write-offs could wind up saving you plenty of money if you use them. Even though some items are tax deductible, including employee costs, utilities, and [...]
If your small business needs working capital or line of credit perhaps you are considering my recommendation Kabbage business loans, and have a few questions about the minimum credit score. The most frequently asked questions are; does Kabbage do a credit check, what is the minimum credit score and how the application process affects your [...]
Recently a reader wrote me this email “Help my customers are late in paying my invoices and it is screwing up my cash flow. What should I do? I need the money but don’t want to be pushy and negatively affect my customer relationship.” Have you been in the same seemingly no-win situation? Every entrepreneur and [...]
If you’re thinking of setting up your own online business, it’s important to have clear objectives and goals in mind. No matter what type of products and services you provide, being well prepared is essential. Here are some factors to consider before starting your own online business. Establishing Your Target Audience If you haven’t got [...]
Your new business will face risks and insurance coverage is available to protect your investment. Insurance carriers differ in types of policies offered, costs and limitations, so I recommend discussing your exact firm’s needs with a qualified insurance broker-agent. They will analyze your company and direct you to the insurance policies you should purchase for [...]
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Profitable businesses are able to survive and expand. Unfortunately, only half of the new businesses survive five years or longer, according to the Small Business Administration. One U.S. Bank study suggests that 82% of business failures are due to problems with cash flow. Your business needs a healthy cash flow to survive. Cash flow can [...]
