We all make mistakes, but some are more expensive than others. The choices you make today with your money have a direct impact on your future. If you prolong financial mistakes, you’ll keep digging yourself into a deeper and deeper hole. The problem is we often don’t realize we’re building bad habits or neglecting vital personal finance activities…
Should I have an emergency fund?
A hospital bill in the thousands. A vet invoice for hundreds. A car repair for more than you make in a month. When faced with an emergency, it can compound the problem to try to figure out how to pay for the unexpected expenses on top of an already stressful situation…
6 easy ways to build your business credit and your business
If you’ve just opened your doors, chances are you’re not thinking about borrowing money just yet. But what happens if your business suddenly takes off and you need to expand operations sooner than expected? Will you be able to obtain a loan for your business, or will you have to fund operations using your own money?…
7 payroll errors and how to avoid them
If you accidentally underpay an employee, you’ll undoubtedly hear about it. But if you slip and overpay your employees, you may not know for weeks or months. As a business owner, it’s up to you to manage payroll with the same precision you afford to every other part of your business…
Quote to cash (QTC): a beginner’s guide
It’s no secret that a sales team affects a company’s revenue and profitability. What’s not as well understood is that structured, streamlined procedures underpin a sales team’s success.
Sales representatives are often given murky, ill-defined workflows or procedures so burdensome that the reps spend more time…
Are robo-advisors worth it? Ask yourself these 5 questions first
Robo-advisors can be a great solution for many investors. They bring investing management at a reasonable cost, letting you focus on doing more of the things you love instead. A robo-advisor sets up an investing plan and manages it, and all you need to do is add money to the account…
Should you use cash against documents (CAD) financing in your small business?
If you’re in the import/export business or conduct business internationally, you need to know what cash against documents (CAD) financing is. We’ll explain exactly what CAD is, the advantages it offers, and best practices when using it in your business…