When searching for information on small business grants, you’ll find that there’s a ton of information out there and that it’s often conflicting. If you see the words “free money,” run. While it’s true that small business grants provide funds that don’t need to be...
We’ve all heard the phrase “cash is king” and that’s because if there’s anything more crucial to a growing business than profit, it’s cash. While profitability can be manipulated on the balance sheet, your cash is set in stone. Investors and banks know this, and as a...
Talk to any investor about the market about how they decide which companies to invest in, and you’ll find that they ask one question over and over: What’s the risk level? For startups trying to get their companies off the ground, mitigating risk is crucial. All...
It’s often said that 50% of new businesses fail. While this isn’t necessarily the case, raising a company up from nothing can still be a daunting task. You not only have to develop a product, a business model and hire staff. You also have to keep track of...
Running out of money? Cash flow management can be the most daunting aspect of owning your own small business, especially for novices. Even if your business looks good on paper, you may not have enough cash on hand to cover your bills. Did you know that 80% of...
For many small businesses, bookkeeping is an afterthought and don’t even ask about making financial plans for a stable future. But the reality is, all businesses could benefit from a CFO no matter the size of the operation. CFOs offer financial insights that...
