Experts aren’t certain there will be a recession, or whether we’re already in one. But what is certain is the growing number of job layoffs. Forbes … Read more about Recession-Proofing Your Business: Managing Employee Anxiety
Recession-Proofing Your Business: All About Cash
The old expression “cash is king” really hits the mark during a recession. SCORE reports that 82% of small businesses fail due to cash flow problems. … Read more about Recession-Proofing Your Business: All About Cash
10 Ways to Borrow Money for Your Business Now
You may need money for your business, but interest rates are high right now. It’s been reported that small businesses are paying the most for loans in … Read more about 10 Ways to Borrow Money for Your Business Now
Using Statistics and Where to Find Them
Mark Twain had a lot to say about statistics. He famously said: “there are lies, damned lies, and statistics.” He also said: “facts are stubborn, but … Read more about Using Statistics and Where to Find Them
3 Sales Tax Traps to Avoid
During the summer months, many states offer sales tax holidays for consumers buying back-to-school items. It’s a good time to learn about your sales … Read more about 3 Sales Tax Traps to Avoid
Enable an Emergency Savings Account for Employees
Financial experts suggest that people have a savings account to cover 4 to 6 months of expenses in case of an emergency. Yet, according to Bankrate, … Read more about Enable an Emergency Savings Account for Employees
Recession-Proofing Your Business: Plans B and C
It’s common knowledge that having a business plan is helpful, if not essential, in running a successful business. But savvy business owners know that … Read more about Recession-Proofing Your Business: Plans B and C
Strategies for Handling the Little Expenses
With inflation still prevalent, those nickels and dimes, or $5 and $10 expenses, may not seem so important. But they can add up. Just $10 a month is … Read more about Strategies for Handling the Little Expenses
How Does Voluntary Wage Withholding Help Employees?
PwC’s 2023 Employee Financial Wellness Survey found that 57% of employees think finances are the top stress in their lives. They worry that the cost … Read more about How Does Voluntary Wage Withholding Help Employees?
5 Reasons Why a Line of Credit Could Benefit Your Retail Boutique
When it comes to managing a retail business, such as a fashion boutique, maintaining a healthy financial status is crucial for ensuring success in the … Read more about 5 Reasons Why a Line of Credit Could Benefit Your Retail Boutique
FAQs on Small Businesses in 2023
Small Business Week 2023 runs from April 30 to May 6, so it’s a great time to be talking about small business. Often “small business” is a buzz word … Read more about FAQs on Small Businesses in 2023
Recession Proofing Your Business Requires Inventory Management
In the last couple of years, the biggest concern for inventory-based businesses has been supply chain disruptions. Now, the focus is on managing … Read more about Recession Proofing Your Business Requires Inventory Management
Are You Properly Insured?
Insurance coverage is a must for businesses that hope to survive the impact of storms, fires, and other dramatic, unexpected events. There are certain … Read more about Are You Properly Insured?
Recession Proofing Your Business: How Women Entrepreneurs Survive and Thrive
Recessions certainly present challenges, but there are opportunities too. Bill Gates started Microsoft during the oil embargo recession of 1973 to … Read more about Recession Proofing Your Business: How Women Entrepreneurs Survive and Thrive
Recession-Proofing Your Business: Handling Debt
On February 1, 2023, the Federal Reserve raised its interest rate by a quarter of one percent, making it the highest rate since October 2007. This is … Read more about Recession-Proofing Your Business: Handling Debt
