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 …
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.
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 …
Crowdfunding Can’t Exist in a Vacuum
Small businesses and entrepreneurs can gain exposure and financing with crowdfunding, but even the most powerful tools do not work like magic. For a crowdfunding campaign to be successful, it must be supported by a solid marketing and communications strategy. Prospective funders need to be able to …
4 Effective Ways to Cut Small Business Costs While Raising Revenues
Cutting costs isn’t always easy. And when you’re trying to operate a small business, it can be even harder. But when you can pull up your online bank statement and see a number other than straight zeros on the screen, the comfort that gives you and the amount of anxiety it reduces is more than worth …
5 Money Management Tips for Your New Small Business
There is nothing more exciting than making that first sale or obtaining that first client for your new small business. After all your hard work, your “baby” is off and running. To keep that momentum going, however, you need to put some clear money management practices into action. Here are five tips …
