Cash flow hurdles present challenges that many business owners must contend with. Your company needs to grow, but doesn’t have the available capital to float the expansion. For instance, you may need a new office server or network, or a new phone system, and the price tag sends you into an anxiety attack. What’s a entrepreneur to […]
We should be flattered – one of our Small Business Intelligence Update (SBIU) got picked up by Nina Kaufman’s Small Business Legal Blog at Entrepreneur.com. – “Smart small business bookkeeping is the new sexy!” . Well it’s just common sense! Source: Nina Kaufman | Entrepreneur.com – Aside from the “two sets of books” scenario that provides the fodder for tabloid […]
Each month, many small company owners elect to incorporate their business. They might decide at the beginning, or may choose to do it later because their company is growing and they want to shield themselves from the potential liability that growing companies face. Regardless, business owners want to limit the extent to which their personal assets […]
One of the hardest parts of owning many types of small businesses is ensuring that you get paid, and timely. Many professional service providers and others have been there – we do the work, we invoice the client and then we wait…and wait…and wait…for our payment – all the while hoping and praying that we won’t need to […]
Here’s a scenario for you: You’re the sole owner of a corporation and have no employees. Every once in a while you find yourself a bit short, so you let the company pay for some of your personal expenses, such as dry cleaning, spa treatments and house cleaning services. You’re not depriving a business partner […]
“There’s no place like home,” sighed Dorothy in The Wizard of Oz. Home is an ideal, a place of respite, love, and warmth (don’t forget food!) . . . and with those qualities, what better incubator for creative ideas and prosperous thinking? Let’s not forget the practical side, too, of working from a “rent-free” office […]