Starting a business venture with a friend sounds like a great plan—what could go wrong? If they’ve been a loyal friend and a positive influence on your life, why wouldn’t they do the same for your business? While there are many successful tales of business partnerships that started out as friendships, you may be surprised […]
The Biggest Reason You’re Losing Talented Employees
When you hire someone new, you invest a lot of time and money up front. In fact, The Society for Human Resource Management estimates the cost of each new hire is more than $4,000 for the average business. Plus, once you’ve found a great new employee and integrated them into the team, they become a […]
3 Best Business 0% APR Credit Cards for Business
Getting your hands on capital to help grow your business is easier said than done. Especially if you’re just starting out, you may have a tough time qualifying for a business loan from a bank, thanks to your lack of sales records or business credit history. Therefore, a great way to build up your business […]
How to Get a Business Loan in 3 Easy Steps
No matter where you stand regarding your business, there’s a good chance you will, at some point, need to find a source of outside funding. Small business owners in every stage of the business life cycle apply for small business loans every day. However, the approval process for traditional banks loans can be tough. Banks […]
Invoice Upgrades That Will Help You Get Paid on Time
As a small business owner, cash flow is often tight and you need to get paid on time. But, unfortunately, late payments are an all-too-common pain point, throwing a wrench in overall business operations. While it’s your customer’s responsibility to pay you within the agreed-upon timeframe, if you’re experiencing late payments on a consistent basis, […]
6 Reasons to Absolutely Avoid Mixing Your Personal and Business Finances
When you first start your business, it can feel like your company is an extension of yourself. It’s easy to let your personal and business finances mix together, especially if you’re not making a profit from your business (yet!). However, it’s critical to establish a clear line between your personal and business finances early on. […]