When you launch a small business, you handle many details. One detail you may have overlooked is key person insurance. In fact, you may not even know what it is. However, key person (sometimes called “key man”) insurance can be an important way of keeping your business up and running in the event of …
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.
How to Increase Your Bottom Line Now
Sometimes the numbers just don’t work. You need that bottom line to increase as soon as possible, like yesterday, but something just isn’t clicking. It happens in every business at some time or another, but what can you practically do? You already offer a great service or product at fair prices. …
Giving Christmas Bonuses: 20 Questions to Consider
Call them Christmas bonuses, year-end bonuses, holiday bonuses, New Year bonuses, or whatever fits your culture. At our company, we call them Christmas bonuses. And this year, with a team that’s larger and more diverse than ever, here are the questions I considered when determining how to go about …
Business Growth Through Buying Rocks
If you’re like most business owners, growing your business is one of your top priorities, but knowing how to go about it is a constant struggle. The concept of business growth is actually a simple one, but too many times people overcomplicate things. I took a recent trip to Kenya, during which I …
Small Businesses Continue to Dominate the Market. Define Small Business.
Which market? Well pretty much all of them. One look at the statistics and it’s clear that small businesses rule the marketplace. And you might be surprised at just how small most small businesses really are. According to The U.S Small Business Administration (SBA.gov), the number of small …
5 Startup Business Hacks That Won’t Bust Your Budget
...And Might Even Save It! A “hack” is a term that has come to describe a way to make things easier, more efficient, and more effective. For example, a camping hack would be a tip that would make camping easier, a game hack would make winning a game easier, and a business hack makes running your …
