Building Early Credit in Small Businesses

Small and medium business often find themselves looking for healthy financing activities in growing areas of their market, but just as often find themselves with little established business credit. Building credit while conserving cash flow is difficult, but there are methods of doing it safely. This article, by Marco Carbajo, explores the vendor credit method [...]

September 18th, 2017|Accounting, SBA|

Better Hiring Practices

One of the most critical components of a Human Resource system is the hiring process. Hiring can be just as stressful and difficult for the hiring manager as it is for applicants. Also, good hiring practices do not end when an applicant is chosen. Consider some of the onboarding techniques discussed in this article. Read [...]

September 1st, 2017|Human Resources, Resources|

How to Protect Your Small Business from Ransomware

Malware comes in many shapes and sizes, but ransomeware is one of the worst types. It infects computers through various methods and effectively holds the files on the computer hostage until you pay to have them released. It poses a much greater threat to small businesses as they are less likely to have I.T. experts [...]

August 25th, 2017|Resources, Small Business|

Pay Less by Differentiating Between Expenses & Tax Deductions

Oftentimes, small business owners misunderstand the company's expenses and tax deductions and what each means to their accounting operations. This article explains the difference between certain types of business expenses and the proper method of recording each. It also describes how some can be reported as a tax deduction instead. Distinguishing the difference is key [...]

July 26th, 2017|Accounting, Information, Resources, Small Business|

How to Increase Your Business’ Profitability Through Inventory

Inventory is an influential asset that directly impacts a business' profitability. If tracked incorrectly, it can become a liability and negatively affect the business' financial health. Some factors that influence inventory are: Industry history, market behavior, or even the type of product being offered. This site will help you understand the risks of having inventory as a [...]

July 24th, 2017|Accounting, Information, Resources, Small Business|

How to Lose Debt as a Small Business

Debt can be an overwhelming fear lingering in the back of every small business owner's mind. The bad news is that, in some cases, debt is unavoidable, however, the good news is that it can be managed!  Whether focusing on cutting costs, boosting revenues, or consolidating loans, here are some great tips to limit the [...]

July 21st, 2017|Accounting, Resources, Small Business|

Learn the Pros & Cons of Your Business’ Structure

There are many types of business structure and, depending on your company's objectives, could either be a benefit or a detriment to your business' development and success.  This article highlights the advantages and disadvantages of each structure. As a small business owner, you should be aware of how the structure of your business is impacting its operations, financial health, [...]

July 19th, 2017|Information, Resources, Small Business|

Learn About Government Contracting Opportunities

A part of the U.S. Small Business Administration's (SBA's) mission is to provide resources to help small businesses start, build and grow their companies. One of those resources is to provide assistance on how to sell goods and services to the government, including information on different contracting opportunities within the federal market. This site will [...]

July 17th, 2017|Contracts, Information, Resources, SBA, Small Business|

What’s the Root of Employee Turnover?

Caleb Newquist takes on the intriguing topic of discrepancy between a CFO's understanding of employee turnover and the reality of the problem, via a survey conducted by Robert Half.  Employee turnover percentages seem to be increasing and this article explains the leading cause of the trend. Also included in the article is important information on tax [...]

July 14th, 2017|Accounting, Human Resources, Information|

Know the Different Types of Federal Government Contracts

In order to target the federal government market, a small business should understand the variety and types of government contracts that might be available.  This article provides a list of the most common types of contracts awarded to small and large companies. They range from Sole Source, to Firm-Fixed to Time and Materials contracts, just to [...]

July 12th, 2017|Contracts, Information, Resources, Small Business|