Startup businesses are essential to the economy. They are job creators, innovators and filled with creators who bring new ideas to market. If you are leading a startup company, you know that it’s not easy and there are so many hats you need to wear as a business owner…
How a cash-only budget could be the breakthrough your small business needs
Small businesses don’t budget — or at least that’s the overall consensus I get from most small-business owners. Outside of the vague, “I need six thousand to cover operating costs” or “Sure we have a budget, it’s somewhere in the filing cabinet,” there’s not much budgeting happening in the small-business…
Small business money management mistakes (& how to avoid them)
In 2016, Wasp Barcode Technologies asked more than 1,100 small business owners what the biggest challenges were as it related to running their business.
Unsurprisingly, money management issues topped the list…
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?…
What do I need to open a business bank account?
Each stage of building a business presents unique challenges. Once you finally have money coming in, you need to decide where you’re going to keep it. For most companies from large corporations down to sole proprietorships, a business bank account is essential. But there are a few things you need to know before you can open one…