To become a successful entrepreneur, you need to be an expert in many areas—and this includes managing your personal finances. Not knowing how to properly handle your personal finances can prevent your business from growing. With no money, you won’t have any business. If you’re planning to start …
Small Business Budget Articles and Interviews (tag)
What to Do with Extra Room in Your Budget at Year-End
Do you have a surplus of funds in Q4? If the end of the year arrives by exposing extra money leftover in your budget, consider it a sign to double-down on investor relations (IR). Your IR strategy plays a critical role in both retention and lead generation, whether you’re preparing for an IPO or …
Looking to Grow Your Business, But on a Budget? Five Tips to Try Today
Life as a small business owner can be extremely difficult at times. Especially for startups, the long working hours, relatively little payoff, and lack of experience can make things seem like they are going nowhere. Furthermore, you may also feel like you might never have enough money to keep your …
Starting Your Own Business: How Much Does It Actually Cost?
When you’re starting your own business, there are numerous factors you’ll need to consider – from the type of goods or services you’ll be offering to who your potential customers will be. However, one of the most significant considerations when starting a business is the costs of doing so. After …
How to Trim Your Budget to Start a Business
If you have always wanted to start a business but don’t have the funds, you might decide to invest some of your funds into the venture. Even if you are getting a loan to afford the startup costs, you will still want to reduce your living expenses. That way, even if you don’t turn a large profit at …
How to Prevent Financial Losses When Running a Startup
Starting a business comes with a financial risk. It will never be a smooth journey. There's even a chance that you won't break even. However, you can't allow this fear to stop you from making your plans a reality. All startups come with a risk, but there are ways to prevent possible financial …