You face a lot of challenges as a small business owner. From effectively getting the word out about your services to keeping your employees engaged and productive, you have a lot on your plate. Here are the top five books that you should put on your reading list for figuring out how to increase profitability and improve your hiring.
Credit cards offer many benefits, but it’s difficult to qualify for one if you have bad credit. One of the reasons that lenders shy away
When you think of a CEO you might imagine them to possess stereotypical characteristics: years of experience, confident, extroverted, self-promoting and a risk taker. But are these traits naturally typical of every head honcho in the land, or can anybody develop the techniques and traits that will set them apart from other executives? In this article, we’ll explore five of the most common characteristics of successful CEOs, and how they can be applied to drive personal and business growth.
Your marketing campaign puts your restaurant on the road to long-term success, develops repeating customers, and builds awareness for your restaurant. Consider these ideas when you’re putting together a marketing strategy for your restaurant.
Rate hikes have been all over the news lately, but what does it mean for your small business? The increase from 0.5 to 0.75 percent was picked by the Federal Reserve with the country’s economic growth rate and inflation rates in mind. They’ve only adjusted the rates once since 2008, so this move is getting a lot of attention. What’s more, there’s a good chance these rates could go up even further in June.
Many small business owners view a sudden surge in their growth rate as a great situation. They enjoy widespread brand awareness, see an increasing number of orders come in and have an immediate boost in cash flow. If you’re caught off-guard by increased demand, small business growth can turn into a damaging force for your company. You need to have a strategy to handle this occurrence before it happens.
If you want to see more profit on the profit and loss (P&L) statement, you face two options: increasing sales and cutting costs. Both are solid choices and can produce desired margins. Because of that, you will want to use both options to ensure consistent cash flow. But when a cash flow crunch hits, you need to cut costs, now. You can if you know these 25 cost reduction strategies.
Legitimate deductions aren’t always that straightforward – in fact, some of them are just downright strange and funky. Here are some super weird tax deductions for small businesses that are totally legit and you might want to consider this year.
Alternative lending is big business worldwide. If you conduct a Google search on “alternative lending,” “alternative lenders” or “alternative lending statistics,” you’ll see posts going
Lending requirements aside, how much money you can qualify for is the most commonly asked question. It’s an important one. You should know how much money to realistically expect a lender to give you.
