Beach Reads: 7 Great Books for Small Business Owners
Summer is a time for enjoying beaches, boats, and – yes – books. Whether your vacation takes you to familiar haunts or new frontiers, or you’re spending long weekends relaxing by the pool or in a backyard hammock, why not dedicate some downtime to exploring a few...
5 Small Business Challenges (And How to Handle Them)
Successful entrepreneurs understand that problems are an inherent part of doing business. Whether it’s generating leads or hiring the right people, there are plenty of issues that practically every small business owner comes up against at one time or another, which...
Why Branding Matters for Small Businesses
Creating a strong brand is one of the most important things you can do for your business. Many small business owners think branding is only for big firms with big budgets. The reality is, if you have a business, you have a brand, and, no matter the size of your...
Small Business How To: 7 Ways to Make More Money
Every small business owner wants to make more money. However, when it comes to increasing revenue, entrepreneurs sometimes struggle to come up with ideas that don’t involve a sizeable financial investment. While it may be true that you have to spend money to make...
Celebrating Small Business Independence
As we get ready to celebrate America’s independence tomorrow, Summit Financial Resources is also celebrating the spirit of independence that drives small business owners. By the numbers, entrepreneurs helm 28 million small businesses in the United States. These firms...
Why Small Business Owners Should Take Vacations
Getting away from it all is challenging for small business owners, many of whom lack the confidence to trust that things will run smoothly in their absence. Less than 50 percent of small business owners take vacations, despite being aware of the toll this can take on...
5 Apps That Help Small Businesses Manage Time and Increase Efficiency
Time is money, as the old adage goes, which means tracking time is crucial for any company – and especially for small businesses. You and your staff wear a number of different hats, simultaneously working to build the business while also ensuring that the nitty-gritty...
Planting the Seeds for Business Growth
In many parts of the country, early June is the ideal time for planting or putting the finishing touches on an outdoor garden. The prospect of celebrating Father’s Day this Sunday also has us thinking about the important role a father figure plays in providing...
7 Tips for Surviving a Cash Flow Crisis
Every business has its ups and downs, and managing cash flow is one of the most common challenges small business owners face. A cash flow crisis can be triggered by any number of factors, from a shortfall in sales or late-paying customers to higher-than-anticipated...
Small Business How To: Handling Late-Paying Customers
For small businesses, late-paying customers can be the difference between continued growth and financial hardship. If handling late payments has become a problem for your small business, you are not alone. Creditsafe reports the average DBT (days beyond terms) payment...