I keep a framed Coco Chanel quote on my desk. It reads, “The best things in life are free. The second best are very, very expensive.” Running a small business falls squarely in the latter category, most of us can agree.
Cash is the lifeblood of any small business, so it’s critical to monitor your company’s cash position and predict how it’ll change in the near future…
When we go into business, we expect to earn a profit. The key is to properly plan for how that profit will be earned. That’s where cost control comes in. Learn more about what cost control is, how it differs from cost management, and what measures you can take to better control costs and increase profits for your business…
Wouldn’t it be nice to hope for funding and have it magically appear in your business bank account a few days later? Unfortunately, that’s not how these things tend to work. Instead, you have to go out and search for what’s available for your small business needs. Often, this comes in the form...
Zero-based budgeting is a way to wipe the slate clean. Frequently used in tandem with a strategic plan, zero budgets help businesses align their goals to their expenses, removing any expenses that don’t fit in their plan.
Learn more about zero-based budgeting, its advantages, and disadvantages, and see if this approach may be right for your business…
The premise of life insurance seems straightforward. You purchase a policy to provide peace of mind and financial protection to your loved ones, and then you get back to enjoying your life. Right?
Many people start thinking about life insurance when they have a child for the first time, so it may seem intuitive that policy is there chiefly…
You have big dreams for the future. Maybe it’s buying a home with a drool-worthy, airy kitchen. Maybe it’s an early retirement so you can jet off with your S.O. and see the world.
Regardless of the future you imagine for yourself, you probably know that you should be saving but might be wondering if you should get…
Check fraud affects everyone. It affects the retired couple down the street who mistakenly deposited a counterfeit check and are now out $500. It affects your neighborhood supermarket, which has had thousands of dollars of returned checks in recent months. It affects financial institutions that cash checks for customers who knowingly have no...