Business Metrics: Why Business Metrics Are Important (ep 1)
Business Metrics are important for every business. Find out how to easily begin monitoring basic metrics for yours.
Business Metrics are important for every business. Find out how to easily begin monitoring basic metrics for yours.
Most small business owners spend so much time working in their business, they do not plan for when and how to exit their business soon enough. Whether you pass your business on to a family member or sell it to an outsider, you and your business needs to be ready. If you are an owner,…
One of the hardest things to do in small business is getting that first loan. Due to recent ups and downs with both Wall Street and Main Street, lenders can be skittish when it comes to lending capital to businesses for the first time. While it’s easy to demonize banks, small businesses and the financial…
Inflation sucks, let’s be real. It means paying attention to your costs to do business as well as increasing costs for your customers. As a business leader if you have not already done so, you’re thinking about raising the price of your products and services. Whether you run an inventory based business where the costs…
As an entrepreneur, it’s not uncommon to face financial challenges while running your business. Cash flow fluctuations, unexpected expenses, and unforeseen circumstances can sometimes lead to running out of money temporarily. However, it’s important to understand that running out of money doesn’t necessarily mean you have a bad business. In this blog, we’ll explore this…
What are Accounts Receivable and Why Do They Matter? Accounts Receivable are one of the most important components of your revenue line. Very simply, accounts receivable are money you are expecting to flow into your business as a result of work performed or goods and services dispensed. As a business owner you sell a product…