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Contact Us 800.405.6035
Accounting for more than 99 percent of all U.S. businesses, according to the Census Bureau, small businesses are the backbone of the country’s economy and job market. They create many products and services used on a daily basis by consumers and other companies. If you’re an entrepreneur who has a small business, you understand the…
Follow These Tips to Compete Against Large Businesses If you own a small business, it may seem daunting to compete with a large company that has a massive marketing budget and low prices. Nonetheless, you can find ways to successfully compete with them. Flexibility Major corporations frequently have rigid plans and policies that change rather…
Cash flow is a key component of any business, from large multinational corporations to small businesses. Maintaining solvency and liquidity is important for business sustainability and growth. A quick and comprehensive way of assessing your business’ cash flow is through the use of liquidity ratios. Liquidity ratios are used to determine a business’s ability to…
It’s not enough to earn money, as many failed businesses have learned. Knowing how to manage and keep your cash flowing is just as important. Hoarding isn’t enough, nor is it smart – you need to handle money wisely so you can continue to grow and remain profitable. Here are 7 money lessons we encourage…
Business owners are often overloaded with head-scratching activities and are left with no time to manage their cash flow, which may lead to business collapse. Although you may have great ideas and your business is doing great from the very start, about 80% of all businesses small and large fail because of improper cash flow…
Every business owner starts out with high hopes for their new enterprise. They hope their new business will be profitable. They hope that their customers will value the products and services they have to offer. They hope that they will make smart decisions as their business grows. That last part can be particularly challenging. Managing…
Most businesses go through rough periods. Weathering the ups and downs of any business sector can be difficult and affect the business in numerous ways. Sometimes a slump is something that’s out of the company’s immediate control; a new technology might have made yours obsolete, or a change in customer attitude about products (for example,…
Burt Reynolds passed away on September 6, 2018. Throughout his career, he was the epitome of vitality and vigor. Through his acting roles in movies like ‘Smokey and the Bandit’, Mr. Reynolds inspired millions of global viewers to pursue their dreams and never take no for an answer. As we honor his long career, today’s…
Understanding the ebbs and flows of cash in your business is critical to scouting for warning signs of impending cash crunches. Bookkeeping software like QuickBooks can tell you that you will be getting money in the door, but without knowing when, you’re going to be left not knowing if you can pay the bills on…
Education is important for an entrepreneur. Going to college not only teaches you a wide variety of important skills, it can provide you with knowledge that can inspire you to create something amazing and help you foster networks that will help you when you become an entrepreneur. Unfortunately, it’s not going to teach you everything,…