Finance
How to Test Prices without Irritating Buyers
The right price is something of a moving target for many companies. You may need to change the tag on a given product multiple times during the period of time you offer it and the more detail you can offer on the decisions to do so, the happier your customers will be.
Need a Cash Injection? Debt Financing May Be the Answer
More than anything else, running a business means managing your cash flow, regardless of how well your business is doing. And getting a cash boost every now and then is something every business could use.
8 Tips on How Much Money to Ask for from Investors
Startups ask me “How much money should I ask for?” The simple answer is the absolute minimum amount you need to make your plan work.
Small Business Tax Deadlines and Tips: November and December
As October comes to a close this week, it’s time to take a look ahead at the tax deadlines for the remainder of 2013.
Why Not to Take Your Small Business Public
When in need of cash to fund your business expansion, you might consider initiating contact with an investment bank to discuss your options for an Initial Public Offering (IPO).
Need to Cut Corners? 9 Tips for Dealing with a Budget Cut
The economy in the past few years has not been kind to businesses owners. Sometimes you can’t cling to idealistic notions of how your business should be run, and hard tactics have to be implemented to ensure the survival of your company.
Business vs. Hobby
Many taxpayers engage in activities they enjoy and do it for a business purpose. Whether the IRS considers it as a business or hobby has important income tax implications.
Is Your Invoice Clear and Complete Enough?
Customer invoicing is a vital part of business operations that directly affects a company’s customers and vendors, as well as the company itself. Invoicing sounds like a simple procedure, but it can get quite complicated, depending on the circumstances.
Don’t Be Afraid of Net Profit per Hour
To have profitability you need to know where you are starting with profitability. That means calculating your net profit per hour.
How to Inject Cash into Your Business
When you need a cash injection to grow your business, your two main options are equity financing and debt financing. In this two-part series, I’ll cover the pros and cons of each.
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