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Fake Invoice Scams: Is Your Business at Risk?

Take these Steps to Protect Your Business from Invoice Fraud Invoice fraud is making big headlines in the wake of Google and Facebook getting tricked out of a combined $123 million. It’s a scam that costs small businesses billions each year. Fake invoice scams are a simple but effective way for criminals to obtain money…

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How to Choose the Best Tax Preparer for Your Business

  Maximizing Profits in Your Small Business Whether you are evaluating your investment returns or trying to improve your small business, it’s not how much you make but how much you get to keep. If your small business makes $500,000 a year but you lose more than half to taxes, you could end up just…

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How to Manage the Stress of Running Your Own Business

Running a successful business can often be hectic and overwhelming. Luckily though, there are some techniques you can implement to better help manage the stresses and strains of the job. Here are five things you can start doing today to handle the stress of running your company: 1. Prioritize Whenever you’re stressed, make a list…

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What to Do When the Bank Says No: Alternative Financing for Small Businesses

Other Sources of Business Funding Small businesses tend to operate right on the edge, which means that most of them will need some financing assistance sooner or later. Unfortunately, getting a bank loan is not possible for a lot of growing businesses. More than half of all business loan applicants are denied, and most of…

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6 Tips to Create a Balanced Budget for Your Business

Follow these Ways to Manage Income and Expenses Properly A properly established budget can be a valuable tool when it comes to managing business expenses. It can be difficult to make meaningful estimations of income and expenses when business conditions are fluid, however. The following tips can help you gain an idea of how to…

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Streamline Your Business Outsourcing These 5 Operational Tasks

One of the best things you can do for your business, whether it is just starting up or you are in a growth spurt, is to outsource a number of jobs. It lets your business scale up without costing you too much money. The problem is managing your outsourcing efforts. 1. The Recruitment Process Outsourcing…

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What to Do When Clients Don’t Pay Their Bills on Time

How to Collect on Unpaid Invoices Some customers can have difficulty paying their invoices on time. When you come across such customers while doing business with them, there are a few things that you can do to help with collection. You can also take steps to ensure that this doesn’t happen in the future. The…

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Is Being an Entrepreneur More About Selling Than Trailblazing?

As an entrepreneur you’ll be expected to wear a lot of different hats, the most famed of which is the trailblazer cap. You’re expected to break new ground and offer the audience something that’ll improve their lives. While that’s true, being an entrepreneur is more about sales. Fundamentally, you’re still about selling a product. Here…