Finance
When is a Reward NOT a Reward?
Converting a reward program to a marketing program is a violation of your customers’ trust. Losing their trust is one of the quickest ways to drive your customers to your competitors.
Question of the Week: How to Improve Cash Flow
“Can you give me advice or tips on improving my company’s cash flow? I own a small landscaping company and struggle with my receivables.”
Disadvantages of Unsecured Business Loans
Most entrepreneurs want to cast a wide net when applying for loans. Before you make your final decision about which loan option is the best for you, here are some things to keep in mind about unsecured loans.
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.
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