Articles on Entrepreneurship

4 Signs You Need a CFO

Hiring a CFO is one of the most important decisions a CEO or business owner can make. Here are a few of the signs you need to bring a finance executive onboard.

How Health Care Reform Will Impact Your Small Business

The new health insurance reform legislation adds both new requirements and perks for small businesses.

How to Measure Credit Performance

There are many ways to evaluate credit performance: traditional methods, company-specific measurements, and more.

What Should You Pay Yourself?

How much should you be earning from your business? Legal, financial, and tax considerations will affect the answer.

This May Be the Best Time to Negotiate Loan Terms

With credit at its tightest in over ten years, banks are hurting. For successful borrowers, that means loan terms and conditions may be more negotiable then ever.

What Every Business Owner Should Know About Collateral

Establishing the collateral value of an asset is often a point of contention in loan negotiations. Here are some rules-of-thumb to help you understand how a lender's likely to v

How to Increase Sales with Online Payment Options

Not all businesses have added an online payment option. With more and more of the purchasing process taking place online, though, it's becoming an important consideration.

4 Secrets of Meaningful Projections

When done correctly, forecasting is one of the most value-added activities a business owner can do. Here are four secrets to make this activity meaningful for the future of your

Keeping Business Records in the Cloud

Many businesses have made the switch to maintaining records electronically, but there's a step beyond simply getting all your records on your computer: putting them in the cloud

The Truth About Personal Guarantees

If you’ve ever borrowed money from a bank for business use, you’ve no doubt argued against adding your personal guarantee to the deal. And if you’re like most small business own

How to Design Credit Policies

Design credit policies to support your company’s goals.

5 Credit Card Apps for Businesses and Consumers

There’s an easy way (and an app!) to accept other forms of payment besides cash.

40 Tips to Accelerate Your Cash Flow

40 ways to improve your cash flow in the following five areas: Expedite Cash In, Optimize Cash Out, Increase Revenue, Decrease Expenses, and Save Taxes.

The Truth About Government Contracting

It's hard to think of a product or service that Federal, State, or local government agencies don’t use -- and they want to buy it from us, small business owners. Here's how you

5 Ways You Can Improve Cash Flow with Your Invoices

Most clients tend to pay on a net-30 basis — no number of phone calls or nagging will change that number. But a few tweaks to your invoices can often make a difference in how so

18 Must Haves for the Business Traveler

This selection of items and services that are often considered must haves for the business traveler, along with some guidelines as to what to look for. They’ll help you save tim

How to Package and Sell Services Online

How can you package and sell services online in a way that leverages the precious resource of time but offers tremendous value to customers and doesn’t compromise service qualit

The 2-Pronged Strategy for Postrecession Success

What strategies can businesses use to help them survive a recession with enough health to thrive when times get better?

4 Employee Benefits at Little (or Zero) Cost

Want to offer big-time benefits on a small budget? Consider the advantages of flexible hours, employee discounts, corporate memberships, and higher education for your employees

Accountable Plans Are Win-Win Taxwise

There’s a way to pay for your company's travel and entertainment costs without resulting in income to your employees or payroll taxes for the company. It’s called an “accountabl