The Biggest Business Mistakes New Business Owners Make
New business owners are naturally excited about getting up and running. If you’re a new business owner, then kudos to you. You’re doing the hard work necessary to put yourself and your family on better financial footing. But along with the enthusiasm for your new business comes the possibility that you will make mistakes. Minimizing…
Read More7 Biggest Mistakes in Handling Accounts Receivables
Managing your company’s accounts receivables is one of the most critical aspects of fiscal health. Yet, many business owners fail to effectively handle their accounts receivables, either directly or indirectly. Poor accounts receivables policies can lead to a bevy of problems involving client relations, cash flow, tax return complications and even legal issues. Seven of…
Read More3 SEO Ranking Factors to Work On in 2019
Every business owner wants to rank in Google. They understand this will be a key piece of their marketing toolkit to bring on new business. One of the biggest mysteries for them is their digital footprint. SEO is a part of that digital footprint that seems to be a foreign language to small business owners.…
Read More3 Ways Utility Broker Services Save Your Business Time & Money
A business, whether it is a start-up or a known establishment, still needs all the help that it can get. Operating costs can be expensive not just in price but in your most valuable commodities—time and convenience. Utilities are often an overlooked matter. It is not just about getting the more affordable deal anymore—it is…
Read MoreHow to Set a Balance of User Growth vs. Profitability
A question that I still hear debated often is whether a new startup growth strategy should focus on user count or profits. First of all, the glory days of “dot.coms” are gone, when investors “didn’t care” about profitability, and all the big money was focused on user count growth. In the long run, everyone wants…
Read MoreHow Do You Recognize Transparency?
Transparency seems to be everywhere in the media lately so it has been only fitting that we have been discussing it. We’ve been studying “mea culpa” ad campaigns and how the marketplace’s expectations around transparency play a role in that. We scratched the surface of how that same expectation influences buying decisions—both from a consumer…
Read MoreHow to Prepare a Cash Flow Statement
We don’t need to tell you that cash is the lifeblood of any business—or that tracking the cash that flows in and out of your company is key to understanding your overall financial health. Consider the #1 reason why small businesses fail: poor cash flow. Many a profitable business has failed because it simply ran…
Read MoreHow to Beat the Odds and Build Big Data Projects That Work
By now, there’s little doubt that small businesses must adopt data-driven strategies to thrive in the modern economy. That imperative has driven many to rush headlong into big data projects, only to see them devour scarce resources and deliver few measurable results. They’re not alone. According to one Gartner analyst, 85% of all big data…
Read MoreHow Timekeeping and Payroll Work Together and Why It Matters
Anyone running a business knows that hiring and paying employees—which we lump together into the category of labor costs—are some of the largest kinds of business expenses. From scheduling and tracking hours to approving and importing those hours into payroll, even the process of managing timekeeping can be unwieldy. Your ability to record and track…
Read MoreMake a Plan to Promote, and You Will
When do you plan to promote? When you treat your business with professionalism you will get professional results. You must make a PLAN if you want to promote!! A Plan to Promote The key word here is PLAN! All successful businesses plan for their goals and work at home distributors should be no different! This content is…
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