Every good business owner knows that your current clients are your best source of future business, both with their repeat business and from the word-of-mouth referrals they provide. Customer referrals are more powerful and less expensive than any other...
Facebook can be an important social media tool for small businesses, but it can be difficult for your business to establish the customer reach it would like to through social media due to its design, complicated systems, and amount...
You may not want to think about small business failure, especially if you are just starting out, but unfortunately it is a reality for many businesses. Research estimates that one-fifth of all small business fail in the first year...
As a small business owner, you may be filling many roles within your organization. You probably work well over eight hours per day to fulfill your role as business owner, HR specialist, social media director, accountant, and customer service...
Many businesses big and small hit a rough patch at some point, but its how you plan for and react to these rough areas that can make or break your business! Here are some areas that can cause rough...
Credit cards can make people nervous with high interest rates, the fear of racking up a balance you cannot pay off, or having your information stolen. You may be used to handling your personal finances in cash and unsure...
Business owners take on a lot on their own, especially when they are first starting out. You may have handled areas of business that are well outside your area of expertise or comfort, such as marketing, social media, or...
Business networking is a business activity where entrepreneurs meet to form business relationships, share information, and help one and other build up their businesses. Joining a business network can be a great step for you as an entrepreneur. People...
Over 80% of Fortune 500 companies use personality tests to assess potential and current employees to make hiring decisions as well as for team building. Commonly used ones are the Myers-Brigg Type Indicator, Caliper Profile, Hogan Assessments, and StrengthsFinder....
A financial statement adheres to generally accepted accounting principles and is used to portray financial information about a business. They typically consist of an income statement, balance sheets, statements of retained earnings, and cash flows. The balance sheet...