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 profits. Here are five creative ways to help save money that…
8 Ways an Investor Pitch Differs from a Product Pitch
When pitching to investors, entrepreneurs always seem to start with a customer pitch, then add a slide or two about the business. In reality, they need a separate pitch about the business, carrying over only…
What Small Business Owners Need to Know About Balance Sheets
The most effective way for small business owners to be sure that they are aware of their company’s financial status is to have an accurate balance sheet that reflects the most current information available. By…
Are You Creating Value or Cost?
There are thousands of posts and hundreds of books on Value Creation. I’ve, in fact, written 285 since starting this blog and dozens of others at other sites. The themes in all of this stuff…
3 Things You Need to Know About Government Business Loans
If you are thinking about starting your own business and have discussed it with anyone, chances are you have been told that you can get loans from the government. This is true, but maybe not…
3 Ways to Improve Your Budgeting and Forecasting
Budgeting and forecasting are two of the most important financial exercises performed by businesses, regardless of their size. Unfortunately, they are also two exercises that many businesses fail to perform accurately or efficiently. The biggest…
How to Protect Your Business from Credit Card Fraud
Credit card fraud is a form of identity theft wherein an individual uses another person’s credit card information to charge purchases, or to withdraw funds from the account. Credit card fraud may also involve the…
10 Ways to Save on Business Expenses Every Day
Keeping accurate records and careful accounting of expenses is imperative in any business. Regardless of how profitable your business is, the goal of any business is to grow and thrive. Saving money on business expenses…
7 Financial Facts Every Entrepreneur Should Know
You don’t have to be CPA or MBA to start or run a business. You don’t have to understand debits and credits, or be able to balance your books. But there are some financial facts…
Do You Know the Difference Between an Investment and an Expense?
What’s the difference between an investment and an expense? The difference is simple: one will start paying you back, and the other is a drain on your resources. A Bottom-Line Distinction Viewing all spending as…
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