How to Maximize Holiday Season Sales for Small Businesses

  It is not an overstatement when they say that the Holidays amount to over 25% of the yearly sales of small businesses, sometimes the percentage is even larger! What does this mean? This means that for small businesses, preparing for the holiday season that comes once every year can make a big impact on

Adapting to Coronavirus – Tips from A Small Business Owner

  All businesses have been greatly affected by the coronavirus pandemic. It has taken a toll on a lot of businesses that used to thrive to the point of them losing so much money, and worst, closing down due to bankruptcy. To those businesses who are still struggling yet managing to survive this pandemic, here

How Does Credit Score Affect Your Borrowing Power?

  Once you have set up your business, the business starts to build its own credit rating and standing. Both individuals and businesses are very conscientious about their credit scores for the main reason that everything that you would like to acquire in the future depends on it, particularly for personal or business loans and

Create a Small Business Budget in 7 Easy Steps

  As individuals, we create a budget from our earnings and do our best to make that budget work for us in meeting our needs and that of our family. This is to ensure that we will be able to cover our expenditures and be able to save, even just a little, for contingencies and

7 Importance of Working Capital For Business Growth

  What is working capital? A working capital is the difference between the current assets and current liabilities of a business. This is a measure that is useful to businesses in order for them to be able to measure the ability to complete their day-to-day operations, which in turn mirrors the business’ financial health.  

How to Build Credit For Your Small Business: A Step-by-Step Guide

  A credit score is a metric of your reputation as a business. Having a good credit score is essential in making business deals and having a good credit score would have multiple benefits such as suppliers giving you more favorable payment terms and lenders giving you better access to credit and capital. A lot

10 Common Mistakes to Avoid When Running a Business

  Running your business can quickly turn from an exciting endeavor to a mountain of stress once things go south. If you want to keep your business running smoothly, consider studying these 10 common mistakes and making sure that you’re not making them.   1. Not creating a business plan.   Having a business plan

How to Manage Cash Flow in 7 Easy Ways

  Cash flow keeps businesses alive and as much as you should measure your vital signs, you should keep tabs on your cash flow to see how your business is doing. The numbers that show what goes in and what goes out are critical to your success or failure. If you’ve been winging it all

How to promote your business in these 8 marketing strategies

  Marketing is a very important aspect of a business.  How we communicate the value of the products and services that we offer can play a huge difference in the growth of our business. With the availability of better resources to market our products in this digital age, we are placed in a more intense

5 Steps on How to Diversify Your Small Business

Why Diversify your business? Putting all your eggs in one basket seems to be the safest bet, but drop that basket and you’ll see all your eggs crack. The same applies to a business, having one sole focus might seem like the attractive and safer option however as the value of your single business rises

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