There are countless ways to sink a business. Some of them are quite creative. But most are of the mundane variety. There are more ways to weaken and destroy a small business than there are ways to keep one going strong. Sometimes the key to keeping a business strong is to be familiar enough with …
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.
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 …
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 …
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 …
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 …
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 …
