Finance
How Nonprofits Can Succeed at Grant Writing: Best Strategies
When approaching the grant application process, nonprofits can succeed at grant writing by focusing on preparation and strategy. It’s a competitive field, and having a well-researched plan is key. This involves understanding the specific needs…
5 Things Entrepreneurs Must Understand About Trading to Plan for Retirement
There are a lot of exciting things about running a business, but financial planning is not one of them. Unfortunately, your long-term success is not going to be very good if you don’t save for…
Effective Strategies for Managing Debt and Loans in Small Businesses
Managing debt and loans effectively can be the key to transforming your small business’s financial health. In this article, insights from C-suite leaders and consultants provide actionable advice to help you navigate financial challenges with…
10 Year-End Tax Tips for Business Owners
As a business owner, you know that staying on top of your finances is no small task. But don’t worry—today, I’m going to hit 10 strategies to consider for your year-tax planning. No need to…
Avoid Poor Financial Management: A Comprehensive Guide
Businesses are constantly being started and closed—it’s a natural cycle. Many fail because of competition, a lack of market demand, pricing, or similar issues. Meanwhile, specific internal issues are another significant reason businesses fail, even…
What To Do With Your Tax Refund
Receiving a tax refund can feel like a windfall, a sudden infusion of cash that arrives with a sense of possibility. This unexpected financial boost allows you to make strategic decisions that significantly impact your…
Looking to Invest: Do You Bet on the Jockey or the Horse?
Oh, come on! Jockey or horse again? This argument is getting trite for those of us who’ve been around for a few years. We’re always asked the question, and almost always have the same answer. …
How to Navigate Financial Challenges with Business Recovery
The increasing interest rates and rising costs put many businesses under pressure. So, if your business is affected by financial distress, there are certain steps you can take to enhance the financial condition and move…
Why Your Credit Score Matters When Starting a Business
Your personal credit history serves as a primary indicator for lenders evaluating business loan applications. Banks and financial institutions examine your track record to assess risk, especially when you lack established business credit. A strong…
What is Zero-Based Budgeting and Can It Work for Your Business?
Running a small business is exciting, but when it comes to managing money, things can get tricky. For many small business owners, keeping a close eye on expenses is a must, especially when every dollar…