photo credit: country_boy_shane When you switch over from working for a company to working for yourself, you begin to realize just how overwhelming and stressful it can be especially during down times for your business. That is why it is always highly recommended that entrepreneurs have more than one source of income. I recently read […]
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photo credit: j.reed Show don’t tell. While Ralph presented me with a three-page single-spaced handout about the Bee Skep after I purchased it, he knew the visual of watching an 89-year old man hand make a basket with a Diet Coke bottle would draw a crowd. From that experience of watching, he then just answered
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photo credit: Jeff Belmonte Financial planning in business can be overwhelming and stressful especially for those who may be first time business owners and are not exactly financial savvy. So in light of this subject I have put together a list of some thoughts to keep in mind when going through your small business financial
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Bloggingstocks.com: It was only three years ago that Aaron Patzer started Mint.com, a free web-based financial planning site. In his mid 20s, he encountered much skepticism. But, this was no problem for Aaron. He realized he could make a difference. And he certainly did. This week, he sold Mint.com for a cool $170 million to
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photo credit: Soon. Reinvested profits are perfect. The best source of “venture capital” for an existing business is money your company is already generating. Many entrepreneurs miss growth opportunities by spending profits in unproductive ways. Others take the opposite extreme, pumping every penny into the business while taking nothing for themselves. Both can backfire. Many
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Money: Here are the three most important things you need to do. Avoid the big-spender syndrome. A million bucks is a lot of money, but it’s not enough to live large on for very long. Start spending on expensive cars, lavish entertainment, a palatial apartment or home, and you can easily run through your dough
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photo credit: Wallula Junction In business we are all striving to make as much of a profit as we can, this is a no brainer idea that we all have, more money is always great! Over time many business owners tend to lose sight of the best ways to increase their profits, they get stuck
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photo credit: Casey Serin One area many business owners struggle with is keeping track of their finances, but it is one of the most important areas given that cash flow is the lifeblood of the business. Small mistakes and a lack of knowledge or resources can be costly and problematic, posted by Small Biz Trends.
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 photo credit: lepiaf.geo In today’s economy we are seeing so many people being put out of work only to find that the company still ends up going bankrupt. Why is this? A big reason is because often times no matter how many employees are let go, the costs that the company has still ends
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photo credit: pfala In business it can become very difficult over the years to continuously manage your cash flow. Often times as business owners we get into a groove of letting things slide here and there, letting customers slide here and there, and before we know it our cash flow is much less than what
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