Small Business Success Tips – Finances
Starting with fifty dollars or starting with five hundred thousand, a small business owner must, must, must have a handle on his finances if his business is going to survive.
You don’t need a degree in accounting to apply common sense or to take good advice. You do need a little self-discipline, but that comes fairly easily if you understand the reasons behind keeping track of your finances. After all, you have no problem doing what you consider the important parts of your business.
Accounting, bookkeeping, financial management, call it what you will, is more than a necessary but boring task. Money is a resource that you are using to help create your future — your many futures: next week, next month, next year, ten years from now... Read More
The Four Sure Methods of Making Money From the Internet
Today happens to witness the best and the worst of times. Whoever learns about the threatening recession and impending layoffs would really be terrified. But just like anything else, every cloud has a silver lining.
The internet has continued to become more pervasive and it has spread its power on letting you earn those extra bucks. One method of doing this is by selling other people’s products online. This technique is like hitting two birds with one stone as you will also be able to improve your marketing skills along the way. So read this article so you will find out how a simple 10-minute period on the web could reward you with hundreds of extra bucks.
In 2007, total revenue ... Read More
Separating Business And Personal Finances
Money management is one of the most difficult tasks that a small business owner must face. In the early days, you may have a very uneven income stream, putting out personal income for startup expenses and operating at a loss. As your business grows, it may become your primary source of personal income. Especially if you work alone or have only a few employees, it is easy for your business finances and personal finances to become intertwined. However, for many reasons, it is important that the two remain separate and distinct. Provided here is a guide to separating your finances. Get the lesson on Personal Finance that your school forgot to teach you!
Why Should I Separate My Finances?
The most important reason for separating your busine... Read More