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?
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
Arm yourself with knowledge. What is CATO? Corporate Account Takeover (CATO) is a type of corporate identity theft whereby a criminal steals a business’s valid online banking credentials. Keeping Passwords Safe Isn’t Enough Criminals use various ways to obtain access to the legitimate banking credentials of businesses. For example, your business’s systems may be compromised … Continue reading Protect Your Business Finances
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
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
As a small business owner, you’re probably juggling various aspects of your company, but the question you need to be asking is whether you or anyone else is effectively managing its finances. You may be pleased with the paycheck you take home each month and feel you have ample cash flow to put back into … Continue reading How Does Your Company Stack Up?