In business you have more partners than you know. Most folks think they only have a partner if they have someone who operates their business with them or an investor who was given shares. Those are partners but the reality is that even your vendors...
Hopefully you will never need to record a bounced check in your accounting. The reality is that most business owners will need to deal with this unpleasant circumstance. Here is what you need to know for when it happens to you. You can charge a bounced...
With summer comes all kinds of challenges. If you are a seasonal business it can even more challenging. Keeping track of employees, expenses, charging cards on the go, and keeping your life in check can all be helped along with the vast array of apps that...
The right answer is nobody.It is most important that you understand that. Nobody who works for you can be trusted with your money 100%. Given the right set of circumstances even your most trusted employees will steal from you. So how do you keep the...
So you need some help. Maybe it is counter help at Burger King, maybe it is a CFO of your multinational company, but regardless of the position how you advertise the position matters. There are as many poorly written ads out there as there are...
People can have a hard time getting their own ideas into reality. Too many obstacles, too much or too little time, too many excuses. Even more difficult can be executing another's idea and as a group. When executing a plan as a group there are...
Cash Flow is king when it comes to running a business. You can gross millions but if you don't collect it for months and your bills are due in days you are in serious trouble. So how do you predict if you are going to...
The importance of company culture and your businesses' performanceIf you have ever written a business plan, or filled one out that you have downloaded, you know that they are pretty straight forward documents that speak to fairly concrete elements of your business. They often ask...
Millions of American businesses accept credit cards. Should you? As always the answer is it depends. The better answer is it depends on if it improves your business in some way, shape or form. If you do decide to take credit cards as a form...
Running a business and making money is difficult enough. Doing all this work to not get paid is extremely frustrating. If you are in an industry where you are not guaranteed payment at the time your goods or services are delivered here are some important steps to...