It’s not easy for small businesses to stay on top of their finances. Each year, the National Federation of Independent Businesses (NFIB) surveys thousands of small businesses on literally everything—including their biggest challenges. Of the top ten challenges in the report, three of them related to financial matters: federal income taxes, tax compliance, and cash…
If you’ve always thought your business forecast and your business budget are one in the same, we have good news: You’re not alone. Whether your business is big or small, it’s important to have an accurate forecast and budget. That’s because both of them work together, helping you reach your ultimate goal—financial prosperity. But while…
Building a business will bring plenty of ups and downs, as well as lots of surprises. If there’s one tool that can help you roll through those ups and downs and make adjustments along the way, it’s the old fashioned business plan. A business plan is an actualized, logical breakdown of your company’s future. It’s…
