Common Financial Mistakes Small Businesses Make


Financial Mistakes Small Businesses Make Here are six of the most common financial mistakes small business owners make and how to avoid them. Starting your own business is an exciting time filled with possibility. There are a ton of decisions to be made, from location to hiring and marketing. While many small businesses see success … Continue reading Common Financial Mistakes Small Businesses Make

Grow Your Business


A new year brings new opportunities and also new challenges. Being open to change is vital to success in business. Opening your mind to new ideas, processes and customers can take your business in directions you never thought possible. According to a 2016 survey by global consulting firm Deloitte, executives “recognize both that the future … Continue reading Grow Your Business

Build Your Business from the Outside


Learn how outsourcing some operations can grow your bottom line. As a small business owner, you often have to wear many hats — if not all of them. Reputation is everything in business, and the best owners know they must be hands-on if they want to have happy customers. But, as a business owner, if … Continue reading Build Your Business from the Outside

5 Tips To Happy, Healthy Employees


Studies have shown that the happiest companies are also the fastest growing. The formula is simple: Happy workers boost your bottom line and make for happy customers. Investing in employees — and working hard to retain them — pays off in the long run. Not only will you be creating a positive work environment, but … Continue reading 5 Tips To Happy, Healthy Employees

Handing Over the Reins: How to Develop a Succession Plan for Your Business


Succession planning is defined as a process for identifying and developing new leaders in a company should current leaders leave, retire or die. While planning for such a big change can seem daunting, succession planning can also be “a great opportunity to maximize opportunities and create a multi-generational institution that embodies the family’s values and … Continue reading Handing Over the Reins: How to Develop a Succession Plan for Your Business

Taking Advantage of a Slow Period in Business


Sometimes business is slow. Depending on your type of business, there could be downtime as the end of the year approaches.  Your customers and clients prepare for family gatherings, shop for gifts and take vacations. Downtime doesn’t have to be bad for business though. If you plan for slow periods, then you can use them … Continue reading Taking Advantage of a Slow Period in Business

8 Ways to Give Back During the Holidays


Giving back is a valuable part of any business year-round, and it is especially important during the holiday season. By supporting a local charity, collecting donations or participating in an event, you’ll not only be supporting the community your business serves, but also setting an example for your employees to do the same. Participate in Holiday … Continue reading 8 Ways to Give Back During the Holidays

Strategic Planning Basics


The key to understanding a Strategic Plan is that one size does not fit all. You can’t buy it off the shelf, and there is not a template that meets all companies. Here are some fundamentals to consider when starting your strategic plan: What do you want to accomplish? What is the time frame to … Continue reading Strategic Planning Basics

6 Accounting Mistakes Made by Small Businesses


No matter how right-brained, small business owners must become familiar with accounting practices and procedures. From payroll taxes to direct deposit, keeping the cash flowing can determine whether a business survives. Good cash management also allows you to reduce overhead costs and gives your employees easier access to their paychecks. Online banking services have made … Continue reading 6 Accounting Mistakes Made by Small Businesses

Financial Pros & Cons of Saying ‘I Do’


The Financial Pros & Cons of Saying, ‘I Do’ Some people think it’s un-romantic to discuss money matters before tying the knot. But it doesn’t have to be.  And if you can’t seem to agree on how you will handle finances, consider pre-financial counseling with a professional specifically trained in this area. Your local banker … Continue reading Financial Pros & Cons of Saying ‘I Do’