Small Business How To: Budget Planning 101
Creating the right budget for your small business can help you gauge performance, prepare for taxes, explore growth opportunities, and achieve your short and long-term goals. Establishing an effective budgeting process also improves your chances of success by helping...
Why Small Business Values Matter
Values matter at Summit Financial Resources. As a small business, we know that core values are central to attracting customers, business partners, and top talent, as well as sustaining productivity and maintaining team morale. They also help define marketing messages,...
Hiring Mistakes Can Be Costly For Small Businesses
Recruiting and hiring good employees is one of the most critical aspects of running a business. While finding the right candidates is crucial for every company, there is tremendous pressure for small business owners to make the right hiring decisions. Each new...
Customer Retention is Essential for Small Business Growth
Since 1992, National Customer Service Week has been celebrated annually during the first full week of October. Thousands of companies across the country recognize the importance of customer service and the people dedicated to supporting customers on a daily basis. At...
Helping Small Businesses Manage Change Effectively
In today’s fast-paced business world, change is as much a constant as the shift in seasons from summer to fall. Running a small business in a dynamic market requires you to adapt and evolve in order to keep pace. Whether you drive the change or it happens to you, you...
Fall into Green Business Practices
Establishing a greener workplace is not a once-a-year objective that small business owners revisit each Earth Day. Running an environmentally conscious business involves establishing a strategy and companywide goals to protect the planet all year long. The change of...
Small Business How To: Harnessing the Power of PR
When small business owners create a business plan, they often include marketing and advertising, but neglect to think about public relations (PR). However, when it comes to getting your business noticed, PR is one of the most powerful tools you can use. Why PR is...
2018 Tax Tools for Small Businesses
When it comes to preparing and filing taxes, small business owners need to know what is required to stay in compliance and meet their obligations. Even small business owners who rely on their in-house accountants or an outside accounting firm can benefit from having a...
Managing Business Expenses During Seasonal Slowdowns
September is a transition month for many small businesses. It can mark the end of the busy summer season or the ramp-up to the critical holiday season. Either way, if you generate the bulk of your revenue during specific times of the year, it is important to have a...
Overcoming Entrepreneurial Pitfalls
Every entrepreneur knows there are risks involved in starting and running a business. From small problems to major obstacles, the road to success is often a bumpy one – which is why many entrepreneurs never take the plunge. However, being aware of the possible...