This infographic, submitted by Chris Landry, Managing Director at Colourfast, explains the stats and trends related to online gift cards. In the past, people bought gift cards as presents if they were struggling to think of something better to buy and they needed to buy something quickly, but the …
Moneying Articles and Interviews (category)
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.
For Fledgling Businesses, the Best Things Are Not Free
The best things in life may be free, but the same cannot be said for business. All businesses, no matter the size, are conscious of the need to keep costs low and revenue high. But there are times when money well spent becomes an investment in the vitality and longevity of your business, and money …
How to Establish Credit for Your Small Business
When you are launching a new business, you are right to focus on how you can make a profit. You research ways to make frugal purchases and to make the most of every dollar invested into your business. You are careful not to spend what you do not have. However, one of the best ways to grow your …
How Do I Know How Much to Pay My New Employees?
You have weighed the pros and cons of hiring some new employees and have decided to go for it. Now comes an even trickier decision – how much should you pay these people? Figuring out pay scales and salaries can be a complicated part of running a small business. Salary surveys often don’t cover …
Keys to Raising Business Capital
Whether you are a startup or existing business, having sufficient capital is essential to growing a successful business. The lack of capital is also one of the primary reasons why many good ideas never develop into a business or why some companies never take that next leap into scalability. But once …
Saving Money on Business Travel
Doing your due diligence before booking a hotel helps to make business travel more profitable and less stressful. Think about your needs, from data to ground transportation, and make smart decisions that keep you focused on the work you need to do and the relationships you need to build. Research …