Posts Tagged“Small Business”

3 Tips for New Business Owners About Business Finances

Images of happy buyers and full bank accounts pulled you onto the path of entrepreneurship, and the thrill of the journey is keeping you there. There’s just one problem, though: You’re no financial guru. The reality is that you’re not alone. Research shows that 29 percent of companies fail simply because they end up running out of cash. The good news? A few pointers are all you need to master your business finances. Here are three finance tips to help new business owners to achieve monetary success long term. Let’s jump in! 1. Record Keeping An essential component of well-executed business…

Continue Reading

3 Reasons to Start Your Own Small Business

When you look to start your own small business, consider it to be one of the more exciting chapters in your life. That said you want to be sure and get things off on the right foot. From being good at handling money to promoting your new venture and more a lot will be riding on your efforts. So, are you excited about the possibilities waiting for you? Properly Managing Money is Key As you go about the task of opening and managing a small business, here are three reasons it makes sense: 1. Making money – Who does not…

Continue Reading

What to Look for When Buying a Small Business

If taking ownership of a small business is for you, how confident are you things fall into place the way you want? Buying a small business can be both an exciting and stressful time depending on how things play out. With that in mind, what should you look for when you want to buy a small business? Don’t Sleep on Importance of Researching Financial History Whether this is your first crack at buying a business or you have bought before, one of the keys is research. Yes, knowing every intimate detail about a business you may buy proves critical. One…

Continue Reading