One of the keys to a business staying profitable is being able to use every bit of information available to make informed decisions that can dictate future success. One thing that top-end companies do that others don’t is dig deeper into their own patterns to predict outcomes in the future. Or in other words, they […]
The savvy entrepreneur knows that even the best run of businesses can be reduced to ruins if it does not retain good liquidity. Liquid cash is the lifeblood of your business. Just as our bodies can’t function without out bloodstream delivering much needed oxygen and nutrients to our organs to keep us alive, your business […]
“How can I save money on my energy bills?” is the question that seems to be on every business owner’s mind these days. On a typical day, commercial buildings tend to use up a lot of energy, more than many business owners would probably like to admit. If your business operates out of a commercial […]
Arcade City is an Ethereum blockchain platform developed by an ex-Uber driver frustrated with the centralized control that Uber had over ridesharing and driver’s income. Read on to understand the potential of Arcade City and why it will destroy the Uber IPO and in fact, destroy all the current rideshare gig programs, and maybe even […]
When you run a business, choosing a price point that is right for both your business and your customers is essential. After all, this will form the whole basis of your company and it is important that you consider your decision from every possible angle. The entire process can be made easier by price mapping […]
At some point of their lifecycle, many businesses seek growth. Whether it be through diversification, market penetration or market expansion a key factor is your growth plans is getting the right funds to finance. Many small business owners start their business either by taking out a small business loan or with their savings. In fact, […]
The taxman cometh because, as we all know, the only thing that’s certain is death and taxes. And while not being prepared and procrastination can, indeed, make tax season a miserable thing, it doesn’t have to be that way. Do your research and legwork now so come April you’ll be feeling fine instead of frenzied. […]
If you’re managing your own small business, you might think that how to handle your profits is the least of your worries. The object of the business is to make a profit, and once you’re doing that reliably, it will all be plain sailing, right? Well, yes and no. Of course, you are in business […]
According to ForEntrepreneurs and other sources, running out of cash and unable to raise funds is why startups fail, and the best way to avoid being another statistic is to have a robust funding plan in place ideally before your business starts trading. Raising funds for startup businesses is challenging so here’s a list of […]
Here’s our take on ways to leverage your business’s credit rating into success. Although having a great concept and a viable business plan are important for creating a successful business, they are not the only qualities you need to create positive cash flow and – in the long term – a solid business. For many […]
If you’re in over your head in debt, then you know how terrible it can be to be getting those calls all the time. There’s a lot of ways that this can happen, and there’s certainly nothing to be ashamed of. Maybe you lost a job when just when you got yourself deep into bills, […]
When things are going well at work and you’re getting promoted, you’ll get a nice boost to your salary. It’s often tempting to spend all that money on luxuries like a vacation or a new car, but it’s not always the most sensible choice. That money is an opportunity to sort out your financial situation […]
As a small business, good finance management is not just very important – it’s vital. Many start-ups fail within a few years of launch simply because of money issues; but in some cases, these problems can be prevented with better finance management. In this blog post, I’m going to share 3 finance tips for small […]
You might think that you know your business inside out, you created it after all. But when you’ve got lots of different employees and departments all working on their own separate projects, it can be easy to lose touch with your company. That’s a real issue because if you aren’t up to speed, you can’t […]
When commercial electricity was first introduced, the energy market was not regulated. It did not take long for both the federal and state governments to realize that this piecemeal approach to developing a commercial electricity infrastructure was only going to create an unreliable and inadequate system. Instead of allowing a haphazard power distribution network to develop, it […]
Fraud is costly for businesses of all sizes. You lose the inventory you’ve shipped or the person that’s carried out the door. You have to refund the money to accounts the thief used for the purchase, and that typically comes with high transaction fees. Here are three ways you can prevent fraud in your business […]
