When you’ve poured your passion into launching a business or creating a new product, it’s easy to assume others will share your enthusiasm. But no matter how fantastic the idea, sometimes you need a little help turning your bit of genius into a viable enterprise. The marketplace is crowded with competitors, and it can be […]
Disgruntled employees, malware, hackers, ransomware, and phishing — virtually any company could become the victim of a data breach, and according to some statistics, small businesses are falling victim with increasing frequency. Unfortunately, criminals are becoming more wily, and lost data can mean lost business — and sometimes even failure. How do you ward […]
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 […]
For most people, leadership isn’t something you simply adopt one day. It’s something that requires concerted effort. The process of growth and learning demands humility, wisdom, and foresight. That process starts with cultivating the right habits. Here are three habits that every good leader must learn early-on. Know When to be Present and When to […]
It’s a basic rule of business: You need to send out invoices in order to get paid. But invoicing isn’t exactly a fun and glamorous task, no matter how important it is. Many business owners procrastinate or only send invoices every once in a while, and it can really hurt your bottom line. Establishing an […]
Owning and operating a construction firm requires a deep understanding of money management. After all, earning enough money to sustain your growing company isn’t as simple as stacking one brick on top of another. It’s all too easy to fall behind and fight to meet deadlines and the client expectations as costs continue to increase. […]
Good financial habits can help you build wealth personally, but they can also give your business a boost. When you’re growth-focused, rethinking how you approach your business finances could make a huge difference in improving cash flow and profitability. As you plan your next phase of growth, consider adopting these 4 smart money habits. 1. […]
When it comes to competing with giants like Amazon, it’s important for any small business to constantly be mindful of adjustments they can make and be willing to make them. If you’ve owned a business for several years, this can be challenging since you have operations in place that you’ve grown used to. Nonetheless, the […]
Let’s cut to the chase. If you’re reading an article about when to “expand your business,” there’s a good chance you’re ready to take your business to the next stage in its evolution. As you know, timing is everything. Growth will always be a risky proposition—scale too early and you could jeopardize your business. However, […]
In order to obtain a business loan, many (if not most) loan providers will take a hard look at your credit score. That makes sense since your personal credit score and your business credit score are fairly strong indicators to lenders as to whether or not you’re a reliable borrower. Your credit score(s) will serve […]
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