One of the major challenges and struggles of most beginning small business owners is grasping and understanding what is going to be required to stay on top of the company's bank accounts and financial position. It would seem critical to me that a solid financial management system be put into … [Read more...] about Are You On Top of Your Business Finances?
I'm always amazed that entrepreneurs are so anxious to spend their money. I think the traditions and practices of the past have spilled over into the Internet generation of entrepreneurs and clouded the view of some soon-to-be business owners. They feel that the old business cliché "you have … [Read more...] about Conserve Your Cash and Reduce Your Risk!
I get a number of calls every month that go something like this: "I want to start a business. I have a wonderful idea. I have no money but so and so told me there were government grants available for new businesses. Can you help me get $50,000 so I can start right away?" Not wanting to burst … [Read more...] about Don’t Doom Your New Business With Extravagance