Moneying

Small Business Ideas and Help with Money

Moneying articles focus on all aspects related to business finance, including budgeting, bookkeeping, pricing strategy, insurance, and more. Since you presumably went into business to make money, knowing how to manage it effectively will help keep you in business and move you toward the profitability you seek.

Choosing a Mobile Point-of-Sale Solution: Clearing Away the Confusion

The age of mobile is upon us, bringing unprecedented opportunities and challenges. In fact, Transparency Market Research has forecast a 38% compound annual growth rate (CAGR) of the global mobile point-of-sale (mPOS) market between 2015 and 2024. The opportunities to create greater customer experiences via easy and quick payment are many, but one of the challenges lies in … [Read more...]

3 Ways to Add More Revenue Streams to Your Small Business

When you own your own business, you have to not only expect, but also plan for the natural ups and downs that you’re likely to face financially—especially in your first few years of operation. Some weeks it’s a feast and the next it can be a famine, making it desirable to find other ways to earn income so you’re more stable and able to withstand the “dry” seasons. One of the … [Read more...]

Affordable Healthcare Options for Small Business Owners

The Kaiser Family Foundation reports that, in 2015 approximately 147 million people (63 percent) were covered by employer-sponsored health insurance, costing business owners roughly $12,591 per employee for family coverage for the year. This amount is up from $8,167 in 2005, highlighting the fact that employee healthcare is costing small business owners more money than … [Read more...]

3 Ways to Get Capital in an Industry Downturn

When an economy lags, even established industries are affected. Economists have noted a widespread downturn among conventional industries, leaving scores of businesses in need of capital in order to keep going. Frequently, this happens to established businesses – for example, the oil industry. In April, the New York Times reported that 2016 marks the steepest oil downturn … [Read more...]

The Pros and Cons of Sharing Company Ownership with your Employees

When you have worked hard to establish and build your small business, why in the world would you consider sharing the ownership of that business with your employees? The answer is the same answer you use in making your other business decisions—it could be good for business. First, the term "ownership" can be confusing. It is important to understand that offering your … [Read more...]

You Are Finally Making a Profit, Now What Should You Do With It?

When you start a business, your goal is to begin turning a profit as soon as possible, and then to grow that profit as much as you can. That's a fundamental element of capitalism. But there is a story about a dog who chased cars every day until one of them crashed in a ditch. The dog ran to the car but didn't really know what to do; he had always focused on chasing the car, … [Read more...]

You Can Do More Than Hope it Never Happens to You: Tips for Preventing Employee Fraud

As a small business owner, you may think you are impervious to employee fraud. The carefully developed culture of many small businesses is one of “family.” You don’t steal from your family, do you? Unfortunately, employee theft is a very real problem for small businesses. The Association of Certified Fraud Examiners (ACFE) reveals that small businesses (those with 100 or … [Read more...]

Tips for Purchasing an Existing Small Business

Starting a new business from scratch can seem overwhelming. That’s why you may be considering buying an existing business and then giving it your own personal stamp. There are definite advantages to buying an existing business. In most cases, you are buying an established brand, an existing inventory and a customer base. These intangible assets can make your start-up less … [Read more...]