The National Federation of Independent Business does a survey annually to uncover a set of problems that small business owners consider most vexing. At the top of the 2012 survey of the problems facing small business was “Cost of Health Insurance.” According to the chart found on the site, the number of small businesses [...]
| Due to the popularity of my previous article on balance sheets, I decided to create a second post to explore the topic of “balance sheet” further. Small business owners need to understand what their balance sheet tells them and relate it to the other financial documents they have on hand. This document is a point-in-time [...] What is one main thing that bedevils small business owners — especially those who are just starting out? It’s cash flow. Most entrepreneurs underestimate what they need to run their business and how much they need to live while they’re building their business. This lack of knowledge affects their small business development opportunities. Only Spend [...] You know what comes right after holiday season, don’t you? Taxes! The sooner that you get your materials together for your small business taxes, the more free you will feel. If you are a small business owner and you’re NOT in retail, you may notice your work slows down the end of December and the [...] Business women need to pay close attention to their finances in this economic climate. Sales cycles have become longer and cash reserves are more important. What are five ways you can reduce business expenses while still retaining key employees and services for your company? Start planning your business goals, strategies and objectives for 2012. Determine [...] | |
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