Category: Financial

January 8, 2020

When the Supreme Court decided South Dakota v. Wayfair in 2018, small business owners everywhere may not have known what was to come. And what was to come was a gigantic headache for those who do business with customers in […]

December 11, 2019

Too often, entrepreneurs– especially inexperienced ones– take the “luxury” approach to funding, incorporating every bell and whistle into their expansion plan by trying to accomplish all goals at one time. That’s nice, but it’s usually not reality and often forces […]

December 4, 2019

Creating a business budget for your organization is vital to its success, regardless of size. It’s a well-known reality that before you make money, you need to understand how to spend it. A business budget involves more than spending, though. […]

November 14, 2019

Many people who open small businesses are creative types first and business types second. They’re artists in the bakery, for example. If their success simply depended on customers loving their cupcakes, they’d have it made. Unfortunately, there’s a lot more […]

October 18, 2019

Millions of people get excited about the idea of starting their own business. But, the logistics of getting a business started are challenging and complex. One of the earliest hurdles you’ll need to overcome to be successful is getting your […]

October 14, 2019

The first year of operation for small businesses is full of challenges. And when it comes to capital, most of them rely on personal savings and income from another job. The data comes from SCORE’s second part of a three-part […]

October 2, 2019

All good business plans require a financial projection. Creating a financial projection is both an art and science. A financial projection will include projected sales, budgeted expenses, a balance sheet, cash flow, and sources and uses of funds. Also, a […]

September 26, 2019

The likelihood of a company, big or small, facing a security incident has increased, and an estimated one in three organizations will fall victim in the next two years. As long as cybercriminals can make a profit from consumer and […]

September 6, 2019

As the U.S.-China trade war drags on, American businesses are taking a financial hit. Not even startups are being spared. That’s according to business broker BizBuySell, which on Friday released its 2019 Small Business Confidence Survey focused on the Trump […]

September 5, 2019

Earning a steady income is a necessity if you have plans to support yourself and often requires trading your time for money. However, not all income comes in the form of paycheck. Rather, some income comes from investments you’ve made […]