Increasing profits is often the biggest challenge for small businesses. Profit margins are fundamental to growth and success, and there are two primary ways to increase those margins: by reducing costs or increasing sales. However, focusing solely on generating more...

Many companies generate more business during the holiday season than they do at any other time of the year. According to a survey by WePay of more than 500 U.S. small businesses, the average small or midsized business earns 20% of its annual revenues in the weeks...

Getting access to financing is a crucial aspect of running a small business. Every company encounters occasional fluctuations in cash flow. Customers may be slow to pay their bills, unexpected expenses can arise, or the business is seasonal with sales that ebb and...

Today’s workforce is motivated by how their companies and bosses make them feel. Employees who leave their jobs often do so because they sense a lack of gratitude for their hard work. Providing praise and meaningful recognition for their achievements is one of the...

In 2010, American Express launched Small Business Saturday to encourage people to do their holiday shopping at local small businesses. Since then, this annual shopping day on the Saturday after Thanksgiving has generated an estimated $85 billion in sales at...

The holiday season can be the most wonderful time of the year for small business owners, and it can also be the most stressful time. Black Friday may kick off the peak period in your sales cycle or mark the start of your slow period. If your small business generates...

Although every military veteran is different, the qualities they develop while in active service are very similar to those of a successful business owner. Veterans possess the leadership, drive, and ingenuity needed to thrive in today’s competitive marketplace. They...

Efficiency is essential for small and medium-sized businesses whose resources may be more limited than their larger competitors. The end of Daylight Savings Time is a powerful reminder of how short the workday can seem and how important it is to maximize your time,...

For many small businesses, fluctuations in income, supply costs, and market conditions can result in inconsistent cash flow. When working capital is tight, it can slow down your business. Whether you are in manufacturing, transportation, distribution, or professional...

Focusing on growing your small business while keeping track of your cash flow can be challenging. If you are like many business owners who are constantly on the move, you need the right tools to stay on top of your finances no matter where you are. Technology has...