10 Ways to Reduce Expenses as a Small Business Owner
Reducing expenses for your small business doesn’t mean slashing costs across the board. In fact, there are a few areas that should never be cut, including insurance, employee training and workplace safety measures. Instead, you must be able to locate areas where you can reduce expenses without obstructing profitability or efficiency. Instead of thinking in […]
How Much is Your Small Business Worth?
If you are considering selling your small business, one of the first questions you will ask yourself is how much is my company worth? The ultimate answer to your question is your business is worth however much someone is willing to pay for it. It is important to set your selling price at a level […]
Guide to Self-Employed Income Protection
As someone who runs their own business, you are no doubt aware of the negative effects illness can have on your income. Unlike people who are employed by a company, self-employed workers get no handy sick pay if they can’t make it into the office. But whilst you may be able to struggle on […]
Five Ways Virtualization Can Revolutionize a Business
Many businesses find that utilizing the cloud for communications that may involve sharing documents or larger files like graphics, is becoming a necessity. The cloud environment allows customers access the company’s website, search for a particular folder, find the documents related to their case, and review what work has been done for them. They are […]
How a Website Can Benefit New Businesses
So you’ve set up a company and are considering getting a website. A website although somewhat costly to set up and maintain can bring serious benefits to your new business. It is a common misconception that you have to hire an expensive web designer to make your website: Web designer alternatives to save you […]
5 Creative and New Ideas on How to Save Money for your Business
If you are like me and countless other people, you love your gadgets and you are always looking forward to getting the next one. I currently have my eye on few personal gadgets, but I also need a new laptop for my small business. Acquiring new IT equipment for a business can be expensive and […]
How to Break Out of Your Small Business Slump
Today’s post is by Evelyn Tate. For almost all small businesses, consistency is key: consistency of service, quality, and even the number of orders coming in. But there comes a time in the lives of all small businesses when things start to slow down. Perhaps the ‘honeymoon’ period is coming to an end and the […]
How To Get More Out of Each Day
Today’s post is by Cristina Garza Cristina Garza, owner of www.accountingprose.com, empowers small business owners by providing accounting software and bookkeeping solutions at a fair price, enabling them to focus their attention on income generating activities. When she is not busy hammering on her ten key; she can be found in the garden, on her […]
10 Things to Include in Your Budget Spreadsheet
UPDATE: This is a rather old post now. I wrote another post about creating a budget more recently if you’d like to check it out. It’s called How To Create A Budget For Your Bookkeeping Clients. this is a guest post from David Malmborg Creating a spreadsheet is an easy and effective way to make […]