Personnel is often the single largest cost for businesses, making budgeting and hiring two crucial elements to consider while navigating an uncertain future. The Covid-19 pandemic forced many small business owners to cut staff and has made hiring difficult. Attracting talent in a market with high unemployment may not be an issue, but interviewing and...
What is accounting?: a guide for new business owners
Accounting is the act of organizing, recording, and analyzing financial information, providing you with in-depth financial knowledge about your business. Accounting plays a starring role in your small business, helping you manage everything from business growth to locating investors and securing a business loan.
Why so many brand promises aren’t true
Your customer experience and your brand values have to match.
A lot of companies work hard to build a brand that stands for a particular set of values. Usually, the process to establish your brand starts with defining the values that are most important to you and then...
Should you use personal loans for investing?
Whether you're planning for a large purchase or paying for an unexpected home repair, a personal loan is a helpful tool. Since funds can be used for nearly any purchase, you might be considering using personal loans for investing.
Taking out a personal loan and investing it might seem like...
The pandemic economy has made ecommerce more indispensable than ever
If a journey of a thousand miles begins with a single step, then large orders can propel your business a hundred steps forward.
All businesses will eventually have a digital footprint. For now, 40 percent of small firms don’t have a website, and 38 percent don’t use social media, according...
5 crucial financial lessons for kids of all ages
There may never be a better opportunity than now to teach your kids about money.
Many parents are likely spending more time with their children thanks to closed summer camps and virtual schooling brought on by the coronavirus pandemic.
Top tips on writing a mission statement to attract customers
Why does the business you run or work for exist? What does it want to achieve? It can be easy to forget this important information when you’re focused on day-to-day tasks and fulfilling company goals.
You might know the company’s mission by heart, but do your customers know what it...