by Rob | Jun 27, 2022 | Accounting Tips, Business Tips
Making bookkeeping mistakes can lead to misleading financial figures, bouncing checks, and collecting from customers that already paid. These errors can lead to problems with your cash flow because you have yet to update and reconcile your accounting books. Regular...
by Rob | Jun 23, 2022 | Business Tips
Your small business’ petty cash fund allows you to pay for small operational expenses you’ll incur. Companies use this to pay for travel expenses, immediate utilities payments, postage, and other similar costs. Misuse of this fund will keep your small business short...
by Rob | Jun 20, 2022 | Business Tips, Success Tips
Are you planning to launch a new small business? If yes, you need to determine the feasibility of your small business idea. It’s ok to be courageous and go all-in when you plan to launch a product or service. However, this approach may lead you to spend more money...
by Rob | Jun 16, 2022 | Business Tips
Small businesses can use practices that their bigger counterparts implement. One of which is product profitability analysis. This method provides you with insights about the profit a product can generate for your growing company. This data-driven strategy can provide...
by Rob | Jun 13, 2022 | Business Tips
The pandemic caught everyone off guard. It has closed businesses and has led to the re-assessment of business models. However, some small businesses have managed to stay afloat or re-opened once more information about Covid has spread and more people are vaccinated. A...