SWOT Analysis What Is It And How To Use It
No matter what stage your business is at, a SWOT analysis can help you strategize and develop your business plan. Why? A SWOT analysis is a compilation of your company’s strengths, weaknesses, opportunities and threats. It may seem like it’s a way to figure out what you already know, but if done correctly, a SWOT analysis can […]
Renegotiate Your Business Lease
In the wake of the COVID-19 pandemic, many business owners are searching for ways to save on their expenses. Renegotiate Your Business Lease or getting a rent abatement are some options, cutting back on inventory, automating operations, or downsizing your staff, entrepreneurs across the nation are having to make some tough decisions about how to navigate through […]
Last Minute Holiday Gifts For Bosses
After the in-laws, gifting your boss is probably the hardest person to shop for on your list. Really, what do you get someone who makes more money than you? Who knows how much you make? Who you want to thank immensely without being too much of a goody-goody? It doesn’t have to be holiday gifts […]
Why Minorities Have A Harder Time Finding Funding
When looking at the demographics of business loans for minorities, there is a noticeable gap between approval rates for non-minority business owners and minority business owners. Minority owned businesses have a harder time funding funding and getting approved for loans, the reason for which is attributed to many factors. A 2010 study titled “Disparities in […]
Small Business Cash Flow Management: 5 Useful Strategies
“Never take your eyes off the cash flow because it’s the lifeblood of business.” – Richard Branson. Cash flow management is an integral part of running a successful business. It’s a practice that is meant for not only large corporations but also small business owners to benefit greatly from an efficient cash flow plan. An “Intuit […]
How To Determine The Right Location
So you’ve got your business. That’s great! Coming up with an idea and getting started is often the hardest part of entrepreneurship. Whether you’re just planting your roots or moving from another location, how to determine the right location for your business is often a challenging task. It’s a big decision that affects many factors, […]
10 Causes Why Businesses Fail: How Invoice Factoring Helps
Every entrepreneur knows that investing in any business has its risks. However, success lies in your choices as a small business owner. Therefore, before starting a new venture, it always pays to ask why businesses fail. Whether you are a seasoned business owner or a new entrepreneur, these numbers are daunting. In addition, you may […]
La Croix A Lesson in Branding for the Underdog
For a change, a trend started in the midwest and made its way to the coasts, rather than the other way around. La Croix Water (pronounced La Croy) is an American sparkling water brand that most millennials remember seeing their moms drink on beach trips or other events where a sugarless but carbonated alternative for pop […]
Budgeting & Finance Forecasting for Your Small Business
You can boost your business’s chances of success by expanding your operations, purchasing new software, purchasing goods, or hiring more employees. They do, however, necessitate capital. Budgeting and forecasting capital are the two most beneficial strategies for establishing long-term, successful business plans. There are several significant distinctions between budgeting and financial forecasting that entrepreneurs must […]
Manly Man Company Born Out Of Love
A “broquet” to end all bouquets… The Manly Man Company sells hand crafted beef jerky floral bouquets that “are 100% edible and truly are made for that rugged one of a kind, hammer swinging, IPA drinking, duck hunting, beast of a man-animal you call yours.” The idea for the Manly Man Co. came to Greg Murray […]