In general, we can all agree that things usually go better once you create a plan. When it comes to businesses and building businesses, this is especially true. Without a plan, things can go south really quickly. The fact is, though, around 60% of businesses don’t have any sort of plan aligning with a budget. Even more alarming is the fact that more than 95% of workers aren’t clear on […]
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Has your business ever had a shortage of cash? You are not alone. According to a 2019 study done by Intuit, 60% of small business owners say cash flow has been a problem in their businesses. In this post-pandemic period we are in, I would not be surprised if that number were higher. While there are some things about cash flow you can’t control, there is one area where you do have control. What […]
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The PPP, or Paycheck Protection Program, ended on May 31, 2021. If you received one, there are some things you need to know to ensure the process moving forward goes smoothly. First, the PPP is a U.S. Small Business Administration (SBA)- backed loan to assist businesses in keeping their workforce employed during COVID-19. The loan was designed to provide incentives for small businesses to keep their workers on payroll. The […]
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So, your business could benefit from some extra cash, right? That’s only normal. You may consider applying for loans, but have you used all your resources and checked for small business grants, first? Grants are essentially free money, and there are plenty of federal and state agencies that offer them. To help your business thrive, here are 5 small business grants you should know about. 1. Shuttered Venue Operators […]
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How do you determine if you’re running a successful business? Do you track the number of customers you have? Do you pay attention to reviews? Do you use an analytics tool to track your market share? Do you monitor your sales? Do you look at your bank account? Do you check your P&L Statement? All of these methods can help you see how your business is performing, but they’re only as […]
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