Business Tips
Some of the most successful entrepreneurs rose to prominence with daring, revolutionary ideas. They debuted innovative business models, capitalized on untapped markets, or offered products or services no one had ever seen before. This created the widespread notion that entrepreneurship can only mean stepping way, way outside of the box. But contrary to popular belief, […]
Smaller businesses typically cannot afford the lavish perks and extreme flexibility that their competitors use to build loyalty. What they can do, however, is encourage a transparent culture in which all employees can get behind the company’s strategies. This allows the whole team to contribute to the company’s goals and reduces the need for micro-managing. […]
Starting and running a business is demanding but exciting. You’ve got a great idea and a rock-solid business plan, and you put in the hard work. There’s just one thing you can’t succeed without: money. Whether you’re starting a business or investing in the one you already have, it can be expensive, and that the […]
Many small business owners attribute their success to simply acquiring the most helpful resources for their needs. This includes employees, professional services (accountants, lawyers,) and technology. It’s safe to say the role of the third example has increased dramatically as of late. This makes sense because today’s market demands the utmost efficiency, and apps allow […]
There’s no point in denying it: small business “grants” are just another word for “free money.” You don’t have to pay them back, or worry about fees, terms, and the various other disadvantages of traditional business loans. It’s actually quite simple: you just see if you qualify, gather the paperwork for the application, and that’s […]
Finance professionals often find that personal traits, not financial limitations, are inhibiting their clients’ success. This suggests that in order to grow and manage their finances, these individuals must first change who they are as people. Overcoming these mental obstacles ultimately makes the world of finance much less intimidating. In this new piece for Forbes, […]
On top of their numerous day-to-day responsibilities, business owners must consistently make sure to remain in compliance with federal, state and local regulations. These legal requirements affect all businesses and can easily become one of the most stressful aspects of entrepreneurship. But you cannot open or continue running your business without fulfilling the necessary regulations, […]
In order to stay motivated, teams must believe in the business leader’s decisions and abilities. Unfortunately, several common habits of entrepreneurs can cause employees to question their leader’s capacity in both areas. The team’s optimism begins to dwindle because it seems that the leader is failing to recognize his or her own flaws. In this […]
Ask any business owner to name the number one requirement for financial stability. It’s not revenue, capitalization, or even access to affordable financing. You can hit the jackpot in all of these areas but still drive your business into the ground. While obtaining as much working capital as possible seems like the logical answer, it’s […]
Regardless of your industry, all small businesses share at least one common goal: substantial working capital. It’s almost impossible to grow an operation without the means for several major investments. When you hit the inevitable speed bump, your cash cushion will help you keep moving forward. Access to business loans has improved dramatically as of […]
