You might have a successful, growing business, but without money coming in on time, you won’t be able to continue operating. Getting invoices out regularly and getting them paid on time helps to keep the cash flowing. It’s always smart to have a set policy when dealing with collections, whether you’re sending invoices out yourself … Continue reading How to Handle Unpaid Invoices
Advertising and marketing is often the most neglected aspect of a small business. Business owners are so busy serving customers and taking care of their employees that they sometimes forget to toot their own horn. A big challenge in business is growing and attracting new customers while also taking care of the loyal ones you … Continue reading Small Business Advertising Ideas on a Budget
Going from passionate and hardworking to burned out can happen quickly. Research shows that burned out employees are unengaged and less healthy. According to the American Institute of Stress (AIS), job stress is far and away the major source of stress for American adults — and it has escalated progressively over the past few decades. … Continue reading 5 Ways to Avoid Employee Burnout
Too much cash is a great problem to have, but how much is too much and what do you do with it? First, you need to determine how much cash you need to keep your business safely running. The general rule is enough to cover at least two months of overhead. You can also open … Continue reading What to Do with Excess Cash: 5 Ideas to Ponder
An important investment for any small business is technology, because most businesses cannot operate without computers or software programs these days. When considering an annual budget, upgrades for technology and related services should be at least one line item. Office technology can make your job and your employees’ jobs easier and more efficient, thus justifying … Continue reading Does Your Office Technology Need a Refresh?
Lots of us resolve to make major changes in our personal lives and health as a new year begins, but did you know that business owners also believe it’s the best time to boost their employee culture? Now is a great time to introduce and help establish new habits and lasting motivation. As a business … Continue reading 8 Ways to Motivate Employees
Time is money, at least to many people. Simplifying your finances can save not only time but also reduce stress and possibly put more money in your pocket in the long run. Being able to see a clear picture of your financial situation is invaluable. Money matters often seem unmanageable or overwhelming, but these 10 … Continue reading 10 Ways to Simplify Your Finances
In a rising interest rate environment, now is a good time for small businesses to think about cutting costs and boosting savings. Some cost-cutting strategies are quick and easy, like getting rid of unnecessary expenses or scaling back free lunches, but others represent more long-term options that can make your business leaner, more profitable … Continue reading 10 Money Saving Tips for Small Businesses
Fall means football season across the United States, and with 59.3 million people playing fantasy sports this year in the U.S. and Canada, almost anyone can participate. In spite of the popularity of playing fantasy sports — which first started with golf in the 1950s — there are some legal issues involved. Depending on which … Continue reading Is Fantasy Football Good For Business?
Most times small businesses are focused on customer retention, but the reasons for losing a customer can be just as valuable. With so many online tools and the popularity of social media, customer competition is more aggressive than ever before. Customers want you to go above and beyond their expectations because, if you don’t, they’ll … Continue reading 10 Ways to Lose a Customer