Owning and running a small business can be tough. This is especially true if your SMB is new. In fact, 30% of new businesses are expected to fail within their first years. Furthermore, 50% will fail within the first five years and only 44% will make it past the first 10 years. To be one of the 44%, …
Small Business Budget Articles and Interviews (tag)
Top 5 Tips for Starting a Small Business
Coming up with a business idea and dedicating your life to it is an exciting yet terrifying transition in one’s life. To make things even harder, the process of starting your own business is never easy – there are so many things you need to worry about and, honestly, odds of succeeding are rarely in …
4 Ways to Afford Technology Upgrades for Your Small Business
Knowing how important and convenient the latest technological advances are for your business, you likely want to keep up with the latest trends. However, new tech can be expensive, and it can also get expensive to maintain if you need a dedicated in-house IT employee to manage it all. This expense …
5 Ways to Avoid Bankruptcy
Entrepreneurs and small-business owners have many stresses to deal with, and due to their level of both financial and emotional investment, may end up heading towards bankruptcy without being fully aware of the circumstances. Being on the lookout for warning signs is obviously key, but there are …
Business Finances in a Twist? How to Re-Envision Your Financial Strategies
You started your business with great hope for the future in front of you, but somewhere along the line, it all went wrong. Your finances are a mess, and you might even be teetering on the brink of bankruptcy. What you need to do is reevaluate your business and its finances fast and make some serious …
9 Creative, Budget-Friendly Ways to Advertise Your Business
Statista reports that, from 2011 to 2015, businesses in the U.S. spent more than $863 billion total in advertising-related expenses. Furthermore, these costs increase around $10 billion annually, which just goes to show that getting your name, products, and services out there can take a huge chunk …