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How Much Money Should Your Business Have Saved Up For A Crisis?

No matter which industry you are involved in, certain rules must be followed by all small businesses. These are the universal guidelines for managing and protecting business finances. Right at the top of this list is the need for a substantial emergency fund. If you were to ask nearly every small business owner for their […]

4 Ways To Stabilize Cash Flow During The Post-Holiday Drought

Many small businesses have been in their slow season since the beginning or middle of January. It’s around this time that, for reasons beyond their control, small businesses experience a significant dip in demand. The cold weather makes going out to shop seem much less appealing, and customers are tighter with their wallets following the […]

3 Reasons Small Business Loans Are Vital For Younger Businesses

Cash flow issues are the most popular reason for small business failure. While every business has its own financial circumstances, the majority of businesses that fall to cash flow issues likely have at least one thing in common: They didn’t make enough moves early on to prevent these misfortunes. The first few years of any […]

Where To Find Small Business Loans For Women In 2019

There’s no denying it: Women have a significantly harder time accessing small business loans than men. A glance at the application and approval rates for female business owners suggests that the business financing industry is stuck in the past. Both figures should be much higher when you consider the rapidly growing amount of female business […]

4 Overlooked Ways To Improve Small Business Efficiency

If efficiency wasn’t extremely important for small businesses, there would be nowhere near as many small businesses in existence today. A great deal of companies sell very similar products or services. They cater to similar demographics and are equally accessible. What sets them apart is efficiency; which is one of the key motivators for starting […]

3 Great Ways For New Businesses To Build Business Credit

Strong business credit is an invaluable tool for many types of businesses. Like any other vital business resource (partnerships, equipment, etc) it requires a great deal of attention and nurturing. Once you have accepted that business credit can be particularly helpful for your business, it automatically becomes a priority. Since today’s business world demands everything […]

3 Questions To Ask Yourself While Examining Your Retail Business’s Cash Flow

No small business has perfect cash flow. There are just too many things that you have to do exactly right. This includes managing finances, maintaining business relationships, and the effectiveness of your entire business model. But while perfection might be impossible to achieve, strong cash flow can be a reality if you continuously follow the […]

5 Tips For Gaining Media Attention For Your Small Business

There are so many different ways to market your small business. Before committing to a certain channel or strategy, you must first determine if the choice has worked for businesses similar to your own. For more traditional businesses (retail stores, car dealerships, restaurants), one of the most effective types of marketing has been media attention. […]

3 Advantages Of Having A Seasonal Small Business

It’s safe to say that the media paints a rather negative picture of seasonal small businesses. Though virtually all businesses are technically seasonal (everyone has customers whose behavior is influenced by changes in weather), the term usually refers to businesses that perform the majority of the year’s sales in the summer or winter. You don’t […]

5 Tips For Managing Inventory For Your Retail Business

Inventory is one of the biggest headaches in the retail business. Failing to manage your inventory correctly is a surefire recipe for wasting money and diminished profits. Still, it’s hard to blame small businesses for having trouble in this department because of the many skills required for effective inventory management. You must be able to […]