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…
Few things are more rewarding than building a successful business in your community. Instead of shipping products to faceless names and addresses around the country, you’re seeing the smiles of your customers and hearing their compliments.
Lead management at the local level has a lot of similarities...
As you build your business, you’re faced with innumerable decisions: where to open a storefront, which vendors to partner with, what your logo should look like, how many employees to hire, and whether to play laser tag or have a scavenger hunt for a team-building exercise (I vote for laser tag)…
The best way to project your business is by measuring all the progress. If you don’t, it is difficult to evaluate and outline future projects. To do this, you must analyze the progress of day-to-day operations through accounting records that will allow you to leave a trace of all decisions about the financing and use of your resources…
Assets are anything of value that your business owns. Assets are always found on your balance sheet and should be categorized by type. Everything from your computer to your inventory is considered an asset and should be recorded as such.
The easiest, most accurate way to manage and record your...
Startup recruiting is challenging, have a clear understanding of the types of people that will make your company successful.
In turbulent times, hiring becomes more important than ever. For startups, hiring can become a huge vulnerability because one bad hire can have a ripple effect throughout an organization. The Department of Labor stated…
Software helps small businesses work more efficiently, but it’s not the best solution in every case.
For example, I don’t use software to keep my personal budget. I made my own Microsoft Excel template that tracks my income, spending…