Finance
Effective Small Business Lending Advice for Coffee Shops
Because so many Americans drink multiple cups a day, people are reliant on coffee shops and cafes for their daily caffeine intake. Are you doing your best to serve them well so they’ll keep coming back?
2014 Tax Changes Small Business Owners Should Know About
While we can be certain that we’ll face taxes from time to time, that doesn’t mean that the rules will stay the same from year to year.Let’s take a look at a few of the changes that you may see when you do taxes this year.
When is Tax Form 1099-MISC Due to Contractors?
Everyone needs a little help now and then. If these people are not your employees, they are contractors and need to be given a 1099-MISC.
Of Price and Profits
How is it that businesses consistently fail to see the relationship between price and profits? What I suspect is that many businesses believe that it’s easier to compete on price than to differentiate.
Want to Sell More Stuff? Raise Your Prices
Nearly every small business wants to sell more stuff— stuff being whatever your product or service is. After all, your business can’t survive if you aren’t selling stuff and generating revenue. But not all sales are the same, and selling the wrong way can ultimately hurt your small business.
How to Use Your Invoices to Finance Your Growing Business
One of the challenges of working in the B2B space is that most commercial clients don’t pay their invoices as soon as you deliver your product or service. Instead, companies ask for 30- to 60-day payment terms.
4 Ways to Separate Your Personal & Business Finances
As the owner of a small business, separating your business life from your personal life is a must. One way that this can be done is to draw a bold line between one’s personal finances and business finances.
5 Tips for Small Business Owners to Save More Money
Dollar signs are a big part of what small business owners see in their eyes when operating a small business. These dollar signs represent both potential income for a company and any expenses it incurs. When there is plenty of money to go around, things are great. However, when money is tight for small business owners, it can be quite challenging.
How to Get a Loan for That Business You’ve Always Dreamed of Starting
Credit is more readily available in 2014 than it was in previous years. However, you still have to be smart and do everything you can to increase your chances of getting a start up business loan.
How to Raise Capital by Thinking Like an Investor
One of the biggest reasons small businesses fail is that they run out of money before they can effectively compete in the market. That’s why it’s important to raise enough capital at the beginning.
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