Articles on Entrepreneurship

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

The Truth About Business Grants

If you don’t mind lots of paperwork, frequent disappointment, and many strings attached, here’s a quick guide to the slow process of finding grant money for your business.

6 Ways to Differentiate Your eCommerce Website

There are as many ways to differentiate an eCommerce website. Here are 6 techniques focused on trust-building, reliability, and consistency.

3 Components of Financial Clarity

How many businesses really have a handle on the past, the present, and the future? Only with an understanding of all three of these things are entrepreneurs empowered with the c

Cash Flow: What It Is and What It Isn't

When cash flow stops, the situation quickly turns critical. Unfortunately, the concept of cash flow is largely misunderstood. So, before you inadvertently bleed to death, let's

Energy Star Office Equipment for Your Small Business

Energy Star-rated appliances are popular for homes because they can offer more energy efficiency than the alternatives. You can get similar benefits for the office by choosing E

How to Get the Most Out of Your Merchant Account

More and more consumers are putting away their cash and just relying on plastic. As a business owner, what can you do to get the most out of your merchant account and please you

20 Tips for Converting Digital Shopping Carts to Sales

Here are common problems and specific solutions that may work for your ecommerce business.

Cash vs. Accrual and Why Accounting Matters for Taxes

When you're running a small business, the decision on which accounting method you're going to use makes a big difference.

Why Be A B Corp: Social Responsibility That's Measurable

Lots of businesses claim they're easy on the environment, or socially progressive. But how do customers know your claims are true? The answer: Become a B Corporation.