You've figured out how to get your business started and you've figured out how to keep it a going concern. But have you figured out how you're going to get out of it?
Monitoring cash balances is essential and withholding payments until the last moment may be necessary, but be careful: being slow to pay may alienate you from vendors.
Setting up an online billing and payment system isn't just good for the environment. The convenience can speed up cash flow, an advantage for any business.
Growing your business may be your best retirement plan, but it's also important to set aside some personal retirement savings separate from the business. Doing so correctly can
Deciding to uproot your business and go virtual can be very liberating, but there are a number of things to consider and account for before pulling the plug on your office space.
You are the master of your domain. And as a small business owner, your domain is nothing to sneeze at. So let’s make it a little easier by learning from other people's mistakes.
Family businesses are a staple of our economy, so they're with us to stay. Here are some critical, and in some cases fatal, errors that a family business can make.
Wise Bread articles that are hot today.
Secrets of Successful Succession Planning
You've figured out how to get your business started and you've figured out how to keep it a going concern. But have you figured out how you're going to get out of it?
How to Preserve Critical Vendor Relationships
Monitoring cash balances is essential and withholding payments until the last moment may be necessary, but be careful: being slow to pay may alienate you from vendors.
Financial Statement Analysis: Recognizing Debt Overload
Business owners can avoid "delayed realization" by recognizing unwieldy debt structures, which could destroy their companies.
How to Set Up Online Billing and Payments
Setting up an online billing and payment system isn't just good for the environment. The convenience can speed up cash flow, an advantage for any business.
Food Truck Envy: Should You Jump on This Hot Food Trend?
If you live in a city, you may wonder if it's time to quit your day job and join the legions of food truck owners you see around town.
Win a 2012 Money Planner Workbook!
This 2012 Money Planner can help you define and achieve your goals for the next year and beyond — and we're giving away three for free.
Self Directed IRA + LLC = Checkbook IRA
Growing your business may be your best retirement plan, but it's also important to set aside some personal retirement savings separate from the business. Doing so correctly can
Things to Consider Before Uprooting Your Business
Deciding to uproot your business and go virtual can be very liberating, but there are a number of things to consider and account for before pulling the plug on your office space.
10 Massive Companies That Crashed in 2010
Every massive organization that sank in 2010 started as a small business. Pay attention to avoid making the same mistakes with your company.
Join Our Tweetchat on Thu 4/26, 12pm Pacific for a Chance to Win Prizes
Topic: Cars. Join our conversation for chance to win Amazon gift certificates! Use #WBChat to participate!
Best Money Tips: Should You Discuss Money in Front of Your Kids?
Today we found some awesome articles on discussing money in front of your kids, ways to make $50 in a day, and ways to get out of debt.
For Superstar Employees, Hire Critical Thinkers
Knowledge and experience are great, but your most valuable employees are the ones who can make considered decisions. Learn how to find them.
Creating a Smooth Business Transition when You Sell Your Company
When the time comes to sell your company, you want to be able to smoothly transition your business to the new owner. That can take planning.
Hiring the Best: Go Beyond Asking Questions in an Interview
The next time you hire a new employee, skip the interview and play chess instead.
Join Our Tweetchat on Thu 6/6, 12pm Pacific for a Chance to Win Prizes
Topic: Saving at the Grocery Store! Join our conversation for chance to win Amazon gift certificates! Use #WBChat to participate!
Outsourcing Payroll: The Ins and Outs
Outsourcing your payroll to a company that can handle it for a fee can make sense and even save your business money on administrative costs.
Four Common Mistakes to Avoid in Running Your Small Business
You are the master of your domain. And as a small business owner, your domain is nothing to sneeze at. So let’s make it a little easier by learning from other people's mistakes.
How NOT to Run Your Family Business
Family businesses are a staple of our economy, so they're with us to stay. Here are some critical, and in some cases fatal, errors that a family business can make.
Customer Service Lessons from Nordstrom
Nordstrom's one-rule customer service "handbook" is almost as well-known as the company's excellent reputation with customers. Here's why.
Intellectual Property: 5 Problems You Should Expect
There are plenty of problems that can come up when you're dealing with your intellectual property.