May 2016

Things that Harm Your Small Business Budget

empty money bank

Having a small business is not the tricky part, it’s preparing a budget – especially when you are not used to making budgets. Some small businesses fail within their first five years in operation due to lack of attention to revenue (sales) and expenses (fixed and variable costs). These factors can lead to low margins, …

May 2016

Is Your Business Ready to Take the Next Step?

A businessman is drawing Next Step concept with arrows on blackboard.

Good news for business owners: BUSINESS IS BOOMING. A large percentage of family-owned firms are confident that they will continue to grow revenue in the next five years. Now, this is a major leap compared to six years ago – this is the time when only half of family-owned businesses grew sales. However, many companies …

May 2016

Improve the Cash Flow of Your Business

Watering Dollar notes, new growth shooting upwards, nurturing new growth,

If you are into business, you know well enough that cash flow is the life blood of a business, and sales are its muscles. Cash flow is the total amount of money being transferred into and out of a business. A good cash flow is essential to any company as this is needed to pay …

May 2016

Manage Your Stress for a Better Business

Beautiful young woman is listening to music from headphones. She is touching them and smiling happily. Her eyes are closed with pleasure. The girl is sitting at desk in office

Are you the type of boss or employee who tends to spend a lot of time working? While that only goes to show you are hardworking and diligent, have you thought about how your schedule is taking its toll on your body? One research shows that long working hours may lead to coronary heart disease …

May 2016

Great Ideas for Summer Businesses

Two young girls at a lemonade stand

Summer is the season to travel and have fun under the sun, but for entrepreneurs, this is also the perfect time to venture in new business opportunities. Whether you want to make some extra money, or you just happen to have a lot of free time on your hands, there’s bound to be one or …

Apr 2016

How to Launch a New Product

new arrival sign

In the older days, launching a product or a service includes hiring a PR agency that would craft a press release and set up a press tour. Before the actual date of the launch, you would be required to hit the road so you can meet with reporters from different important press outlets. On the …

Apr 2016

Hiring Your First Employees

young asian business executive being interviewed

As if all the planning wasn’t enough, you now have to consider hiring your first employees for your start-up business! Don’t fret – you’ve reached this far, you just have to keep going. Take note that hiring your first employee is such a huge step for your business. Thus, it is important that you choose …

Apr 2016

Start Your Own Business – Stop Procrastinating!

Portrait Of Female Bookshop Owner Outside Store

Nowadays, people have been venturing the business industry. Both small and big businesses have been thriving and keeping families well-provided. Not only can you have extra income month after month, you can also manage your own schedule and your own time. If you have been planning on setting up your own small business then by …

Apr 2016

Small Business Owners: Being a Better Boss

Bike shop owner holding open sign

Some people are born leaders but then again, being a boss is not really as easy as 1, 2, 3 – especially when you are running your own business. When you are managing your own business, this means you have to get work done while leading your team and at times, these two responsibilities can …

Apr 2016

Customer Service: Dealing with Difficult Customers

Young woman discontent with goods at shopping mall

Remember the saying “The customer is always right”? While this may be true, it doesn’t mean that all customers are easy to deal with. In fact, some customers are really unruly. However, if you want to stay in the business industry, you have to know how to deal with difficult customers accordingly. Here are some …