How to Keep Your Small Business Alive During Tough Financial Times

Small business owners need to be savvy and come up with real ways to reduce their expenses and increase their cash flow. In simple terms, less money needs to be leaving your account and more money needs to be coming in. It is an obvious statement to say that you need higher profits, but so many companies are missing opportunities to do just that.

7 Money-Saving Tips for Small Business

Money is one of the main ingredients in the recipe for success (or failure) of a small business. A necessary step in creating a budget you can stick to is finding the best ways to save money. You'll be surprised to learn how simple some of these tips are to implement.

A Small Business Workout: Get in Shape to Sell

It’s always a good idea to keep a regular check on the health of your business, but it’s vital if you are thinking of...

Avoid These Top 5 Financial Problems in Your Small Business

Managing a small business isn’t easy, and the single largest contributor to business failure is financial mismanagement. Making smart financial decisions and being consistent...

5 Creative Ways to Save Money in Your Business

As a responsible business owner, there's a good chance that you’re always searching for new ideas to help you cut costs while increasing your...

3 Ways to Reduce Cost of Goods Sold

The cost of the materials used to make the product or service you sell directly impacts your profit. This is easy to see, because...

Why Is It So Important to Prepare Financial Statements?

If you are wondering whether or not you really need to prepare financial statements when you already know your business is profitable, the answer is definitely yes. You may be convinced that your business is doing fine, but you will need proof for investors, creditors, shareholders, government agencies—and you will also...

5 Ways to Decrease Your Business’s Warranty Costs

Customer warranties can cost small manufacturers greatly because of repairs and replacements. It also puts goodwill and brand value at stake. And when handled...

Money Tips: 10 Best Personal Finance Books of All Time

Money management is one of the most important skills a young person can develop. Unfortunately, many people lack even the most basic money management skills for one reason or another. The below books are a list that every 20-something should read.

Protect Your Personal Credit Score to Boost Your Business

If you’re running a very small business, or a very young one, you may not have the corporate credit score you require to take...

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