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.
A business may very well be viable and still go bankrupt for a variety of reasons that don’t necessarily have to do with the owner or their decisions. In such cases, dissolving the business and distributing its assets between the creditors might not be the best move. Luckily, there are legal options you can take that don’t involve closing down the business you’ve worked on for … [Read more...]
As a startup founder, you will go through numerous stages, including launching a business, securing funds, polishing up your business model, collecting customer feedback, recruiting employees, and acquiring customers. But before all of that, you need to ensure your business’ growth, by having a solid financial plan. Having a financial plan gives you the opportunity to boost … [Read more...]
Running a business is no cakewalk. We are not only talking about the complex decisions to be made daily, but also about the management of money that flows in and out of the various channels driving the business. Arranging funds to keep your business venture afloat, managing the finances, delivering services, and paying off your debts on time are a few aspects that you must be … [Read more...]
Running a business in this customer-centric world of ours is by no means simple, especially when brands consider the fact that their customers are also the creators of their reputation and success. However, what too many businesses fail to include in their strategies is a more employee-centric mindset. After all, they are your brand ambassadors, and perhaps even your trusted … [Read more...]
There may come a time in your life when applying for a loan is the only feasible way to finance something. Perhaps you’re looking to buy a house or start a business – both of which generally require loans for funding. Applying for a loan is a fairly straightforward task, but there’s no guarantee that a lender will approve your application. There are all number of factors … [Read more...]
For Jimmy John Liautaud, being a billionaire comes with an obligation to give back. The founder of the Jimmy John’s sandwich empire recently sold a majority share of his 2,800-plus store operation to Atlanta-based Roark Capital Group in 2005. While Liautaud retains 35% of the company, the deal pushed his personal worth to an estimated $1.7 billion. Liautaud is now in his … [Read more...]
Small businesses tend to have small margins. That’s the nature of cozy companies, but small firms also have unique advantages. Unburdened by large corporate structures and procedures, small entrepreneurships have the culture and flexibility to compete for talent or experiment with cost savings. In small businesses, successful solutions can affect the entire company, not just … [Read more...]
A payment gateway is a way for businesses to handle online payments. If you want to offer an electronic payment service for your business, you’ll need a payment gateway. A payment gateway is necessary to accept payments through credit cards, debit cards, and other types of electronic payments. The role of payment gateways is to process payments online securely, and they work by … [Read more...]
Most businesses have certain periods of seasonality. Which means that for a portion of the year, business is slow. For your business it could be slow from January to July, but then picks up later in the year. Does that pattern sound like what your company struggles with? Does it create financial stress when it occurs? Well, if it does, there are several strategies that you can … [Read more...]
If you have any type of business, whether it is online or a brick and mortar, you should be using YouTube. It is a fantastic way to reach potential customers and increase brand awareness. If you already have a YouTube channel, then hopefully you are using it to its fullest potential. When people imagine YouTube, many people think of famous Youtubers who are generating a … [Read more...]
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