Getting paid by your customers is critical to maintaining the cash flow and overall financial health of your business. While it may not seem like a big deal to have one or two overdue bills, failing to address late payments can lead to devastating consequences for your operations. Fortunately, there are tactful ways to get […]
Small businesses are among the hardest hit during the COVID-19 pandemic. While this is not necessarily a positive thing, something good came out of this – many small business improvement consulting services started supporting these struggling companies by giving their expert advice for free. For instance, a question was raised on Twitter recently about tips[…..]
Some people opt to purchase an existing business, allowing them to avoid the challenges of the startup period. There are a lot of advantages to buying a business instead of building a new one. However, there are also certain risks involved. Asking the right questions is an important step when you’re considering acquiring a business.[…..]
The worldwide pandemic has brought a wind of change and uncertainty in the business arena. This has forced business owners to lose focus on their goals and be sidetracked with a lot of concerns and issues. There is always that anxiety that the situation will not be better and the fear of failure. However, those[…..]
One of the most crucial challenges of small business owners is recruiting great employees. According to several small business consultants, demographic trends point to the shrinkage of high-quality employees, making it all the more important to look for top-notch talent who will help you grow your business. Here are some sure-fire ways to increase your[…..]
Business plans are crucial to getting your ideas out there and getting funded. Unfortunately, just because your business plan is being circulated to investors doesn’t mean it’s getting read. Think of it like a resume. If your business plan doesn’t have the right content or the correct format, the investor will easily pass on it. […..]
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