Income vs. Profit vs. Revenue
Motivated entrepreneurs dream of dollar signs—bright, S-shaped figures that shimmer and represent the true reward of starting a venture and reaping the financial benefits of the hard work that goes into it.
Good Accounting is so Important
Great accounting is so important for each and every business, but too many are lacking in this area. Most use standard income statements and balance sheets, but there is so much more information business owners need that is not available in these basic financial statements.
5 Cash Management Tricks Every Small Business Owner Should Master
I’m going to let you in on a secret: When I first started my business, I wasn’t very good at managing money. Filling in my knowledge gaps was crucial to my company’s success.
With Dental Revenues Soaring, Private Practices Must Play Catch Up
With industry revenues expected to soar in the coming decade, your practice should be positioning itself to take advantage of the opportunities expected to come your way.
Are Mobile Payments Right for Your Business?
Like most small business owners, you’re willing to try anything that will help you increase sales and help make your company a success. You may have tried new marketing tactics, networking, and even advertising. But have you considered mobile payments as a tool to help grow your business?
How Small Business Financing Can Help Your Food Truck
The food truck explosion in the U.S. is one of the most fascinating business stories in recent memory. Over the years, Americans have been accustomed to fast food and fast casual dining, and while these obviously continue to dominate the restaurant industry, food trucks are beginning to creep into our everyday lives.
A Pricing Problem
I recently had a truly unusual, memorable experience facilitating a discussion about pricing. What made it unusual? There wasn’t one question about pricing. Yet every person there described their ‘problem’ as a pricing problem. What were the real issues?
Need a Small Business Loan? Your Options May Be Limited
Entrepreneurs exploring options on funding a small business often turn to bank loans as an effective way for them to get initial capital to pay back once they have income flowing in. However, a recent report from The Wall Street Journal indicates that while there’s been slight growth in small business lending, the numbers are not very promising.
How Can Small Business Lending Help Your Body Shop?
Is your auto repair shop having trouble with finding a small business lending provider? Don’t worry, you’re not alone. Once you receive financing from an alternative lender, you’ll find that it will open a range of possibilities for your business.
Is Your Business Suffering from Cash Flow Difficulties?
Cash flow is essential for any business. It is vital for both survival and growth, but maintaining a healthy cash flow can be problematic in today’s economic climate. Many businesses will suffer cash flow difficulties at some point and the unfortunate reality is that if cash flow problems are not addressed early on then intervention will be required later in the form of business recovery.
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