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How to Build and Improve Your Business Website

Updated June 30, 2020 Creating a business website is one of the most crucial ways to build a brand and market a product or service. A business website will help spread awareness for your business and give consumers a chance to learn more about what you do. Even if you don’t plan to sell your […]

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Small Business Marketing: 11 Ideas and Strategies to Market Your Small Business on a Budget

Updated June 16, 2020 As a small business, efficient marketing is critical. Most small businesses do not have comparable budgets to large corporations, despite having to compete with them for the same customers. However, by taking advantage of free marketing solutions you can drive significant demand without fronting a large cost. Below, we highlight 11 […]

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Cash Flow Statement: What You Need to Know

Updated June 10, 2020 One of the most important things to understand while running a small business is the concept of cash flow. After all, it is critical that businesses have enough money flowing in to keep up with expenses and fund growth. Below, we outline the fundamentals of cash flow statements as well as […]

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How to Get a Business License

Updated May 21, 2020 A business license is a legal document that grants you the right to operate a business in your city. Obtaining a business license is a crucial primary step in legally starting a business. If you fail to abide by the licensing and permit requirements for your specific type of business, you […]

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Profit Margin

Updated May 21, 2020 Profit margin is one of the most commonly used profitability ratios, which is a basic measure of how much money a business, service, or product makes. Expressed as a percentage, profit margin is essentially how much money a company makes per transaction. In general, the higher the profit margin, the more […]

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How to Start a Daycare: Opening a Childcare Business at Home or in a Center

Updated May 21, 2020 Daycare is an ongoing service that provides childcare services throughout the day, usually by someone other than the child’s legal guardians. Many daycares start organically and there are vast reasons as to why people choose to do so. Perhaps you are currently at home with children, you are a retired teacher […]

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4 Questions to Ask Before Purchasing a Payment Processor

Payment Acceptance Tips for Small Businesses

If you’re in the market for a new payment processor, you might be overwhelmed with the number of choices available. Perhaps you are unsure of what properties to look for, or how to best incorporate your choice into your business’s needs. It’s true that there are several providers out there with payment processors available, but […]

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How to Make Your Business Financially Agile and Immune to Shocks

Small Business Financial Agility and Shock Resistance

Everyone has experienced a financial shock, if not in business certainly in their personal lives. An unexpected car or home repair are common examples. In business, a financial shock can come from things close to home. These might include, a sudden need to repair or replace equipment, a vendor raising their prices, damaged inventory, or […]

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5 Types Of Equity Financing For Small Business

types of equity financing for small business

Running a small business and thinking about your next expansion move? Equity financing can be one of the most beneficial ways to obtain a large injection of capital without the need for loans from banks or other conventional lenders. In equity finance, you sell a percentage of your business to an investor who in return […]

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How to Hire a Collection Agency: 9 Questions Small Business Owners Need to Ask

How to Hire a Collection Agency

When customers owe you money, trying to collect those debts by yourself can be a huge challenge. Not only is it time-consuming to track down delinquent payers, asking clients for the money you’re owed can lead to some very uncomfortable conversations. If outstanding debts are a regular source of stress in your business, you might […]