Running a small business today is very different from how it was just a few years ago. Thanks to technology, small businesses can do more with fewer people and less money. Tools like point-of-sale systems, social media platforms, and online stores help business owners reach more customers and work more […]
small business
25 posts
Navigating taxes as a small business owner can be overwhelming, but understanding the basics can help you avoid costly mistakes and ensure compliance with the IRS. The key to managing your business taxes is knowing what types of taxes apply to you—such as income tax, self-employment tax, payroll taxes, and […]
As a business owner, finances play a pivotal role in shaping and executing your growth strategy. Thinking through the following will help you employ a structured approach to driving sustainable expansion: Develop dynamic financial models to project revenue, expenses, and cash flow envisioning different growth scenarios. By creating best-case and […]
As 2025 approaches, small business owners must focus on building a clear strategic plan to stay competitive. A strategic plan helps define your goals, understand your target audience, and identify the resources you need to grow. Start by evaluating your business’s current strengths and weaknesses. This includes reviewing your finances, […]
Building a positive workplace culture isn’t just a goal for large corporations—it’s essential for small businesses too. In fact, smaller companies have unique advantages when it comes to shaping and nurturing a culture that’s engaging, positive, and productive. When you invest in creating a supportive, values-driven environment, your employees feel […]
The holidays are coming up: should I wait to apply for a business loan? As a current or future business owner, the holidays can be a frustrating time to access capital. There are many factors applying and closing a business loan in a normal scenario so dealing with holidays […]
Your business may be relatively new, but if things are going well and/or if you want to retain good people, you may be considering offering some sort of benefits. The first place that new business owners often look is for professional development training; employees feel valued when their employer invests […]
Are you a small business owner that thinks they can (or should) wait until after Halloween is over before you begin your holiday marketing? Think again. Shopping for the holidays has already begun, for some consumers as early as June. Couple that with a distracting election (and higher bidding for […]
Knowing the value of the business is critical to the planning necessary to successfully exit your business. For most owners, their businesses are their most valuable asset – think of it is the 401K for the business owner. Accomplishing financial goals depends on converting that asset to cash. Based on […]
Expanding into international markets might seem only for larger businesses, but the rewards can be just as great for small businesses. Exporting opens up a world of opportunities that can significantly contribute to a company’s growth and sustainability. Consider these points as to WHY your business should take the plunge […]
