Small businesses are considered the lifeblood of the U.S. economy. During the pandemic, however, they experienced massive financial bloodshed. One study by Yelp found that 163,735 businesses closed down between March 1 and Aug. 31, 2020, with about 60% shutting down permanently.
Fortunately, many businesses managed to survive...
Small businesses are considered the lifeblood of the U.S. economy. During the pandemic, however, they experienced massive financial bloodshed. One study by Yelp found that 163,735 businesses closed down between March 1 and Aug. 31, 2020, with about 60% shutting down permanently.
Fortunately, many businesses managed to survive — even…
Whether you’re a sole proprietor or own a thriving small business, preparing a business budget is sound financial management. While static budgets, or budgets that don’t change, can be helpful, preparing and using a working budget can be much more useful for small business owners, allowing them to make adjustments as they go along…
Congratulations on your decision to go into business for yourself! Now that you've taken the risk, there are a few things you want to pay attention to. For many entrepreneurs, the concept of being your own boss is simple, but how to do that not so much. It's natural to want to seek help...