Planning for a new year is always challenging. This is especially true for 2020, a year when economic and political uncertainty will complicate the outlook for every business owner. That said, planning your budget in advance can have a positive impact on your ability...

Establishing and maintaining creditworthiness is essential to the success and financial health of your business. It could mean the difference between getting approved for funding or denied, what types of credit terms and interest rates you’ll pay, and whether an...

The holiday season may be the peak period in your sales cycle or mark the start of your slow period. Either way, if your business generates the bulk of its profits during a specific time of the year, it’s important to have a cash-flow management strategy. Poor cash...

The shorter days that accompany the end of Daylight Savings Time serve to remind business owners of the value of time. Many organizations focus more on managing their expenses or their staff than they do on managing time. As a result, countless hours are wasted on...

A company’s culture is the set of values that reflect who they are, what their business is trying to achieve in the market place, and how they will go about achieving it. Small business owners who successfully raise the profile of their cultures inside and outside of...

Are you constantly asking your employees for updates or progress reports? Do you prefer to handle even the simplest tasks rather than teach someone else how to do them? Are projects often delayed because you insist on approving everything yourself? Chances are you...

Networking is not about collecting business cards or building a large list of contacts. Whether through in-person meetings or via social media, it is an essential tool for building the relationships and strategic partnerships that are critical to business growth. Like...

If you own a business and are considering financing, it’s important to be thoroughly prepared before you begin contacting potential lenders. There are countless funding options available today and a variety of lenders to serve your needs at every stage of your...

Launching a small business takes a lot of hard work. Considering everything an entrepreneur has on his or her plate – from product development and pricing to staffing and marketing – crafting a mission and vision statement is not likely to be a top priority. But...

Fall is an ideal time to evaluate your current tax situation. Instead of putting off your tax-related concerns and responsibilities until December or January, doing the prep work now may help you reduce your tax bill for the current year and avoid potential issues...