Are you considering a new credit card? There is an endless array of choices and financial services out there for you to take advantage of. So how do you decide which one is right for you? Owning a credit card can have either a positive or negative impact on your financial […]
Business planning gives you a competitive advantage – plain and simple. As a business owner who is just starting, you need a rock-solid business plan. Why is that, you ask? It is true some entrepreneurs make millions without putting a single word to paper but do you really want to run […]
If you’re like most people, you have times where the very thought of road construction makes you sweat. After all, those flaggers at the side of the road don’t exactly seem to care that you’re running late for work. It doesn’t matter that the kids keep saying, “are we there yet,” […]
There’s no doubt that the retail industry is an important part of our lives. For most people, buying anything involves some form of shopping in a store or online. There’s a good reason for that: until recently, it was hard to buy something from the original manufacturer. Consumer products would be […]
Business Model Canvas is a type of management template entrepreneurs use to create new business models. Another one of its uses is to better document existing business plans. The business model canvas (BMC) is the brainchild of Alex Osterwalder. It helps investors assess factors like potential revenue streams and customer segments […]
Sometimes it feels like you need a finance degree in order to make sense of all the various balances and categories that you find inside your bank statement. For example – what is a collected balance, anyway? And how does it differ from your available balance? Keep reading as we walk […]
First, let us tell you what accounting and bookkeeping mean. Then, we’ll let you know about the main bookkeeping tasks you’ll need to complete while you are managing your small enterprise. What does bookkeeping mean? Without any complications, bookkeeping is when you keep records of the financial transactions of your business. […]
What is entrepreneurship? It might seem like a simple question, but the definition of entrepreneurship can be both flexible and unpredictable. According to Mark Zuckerberg, the successful co-founder, and CEO of social networking site Facebook, “Entrepreneurship is about creating change, not just creating companies.” While the term entrepreneurship has been around […]
Have you ever considered the effect communication has on your company? In the competitive, fast-paced world we live in, consumers and employees alike are bombarded with information. In today’s always-on world, you are only a click away from your next conversation with access to numerous technologies, enhancing the way we interact. […]
As the owner of a small business, you’re likely passionate about your job. Maybe you’ve done a lot of work to build it up from scratch, or perhaps taken it over from its former owner. Either way, there’s nothing you want more than to ensure your business continues to grow and […]