Successfully start, manage and run a home business
To successfully sell your business, the first step is ensuring that you have all the information needed to present your business in the best possible light and help minimize the risk in the eyes of potential buyers. Learn the documents you need when selling your business.
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As a business owner, it is important to know how to read and understand financial statements. Financial statements are an important source of information that can help you make better decisions in your business. Learn the basic things you need to know about the financial condition of your business.
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What is an angel investor? Here’s a guide on understanding what angel investors are and what they look for when investing in a small business.
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One of the major concerns of a business owner is the operational side of the business. A business owner is generally faced with decisions involving the balancing of costs, liabilities, and profits. Learn the do’s and don’ts of cutting down overhead and business costs.
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QuickBooks and Peachtree are the two most popular accounting programs for small businesses. Learn the differences between these two accounting softwares
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When cashflow is tight, should your business cut its prices? A sales expert explains some of the things that you need to consider when thinking of discounting to generate cash flow.
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For entrepreneurs looking for financing, several online communities that allow entrepreneurs to find investors (and vice versa) have emerged. These platforms allow entrepreneurs to post their business ideas and pitch to investors that they would never have found in their communities or even their own network. Learn 7 entrepreneur-investor matching communities.
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As part of the process of borrowing money, many entrepreneurs are finding that lending and financial institutions are requiring them to personally guarantee the payment of the loan. But should you sign a personal guarantee for your business loans? Is there an alternative?
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A must-read small business book is Ken Boyar’s The Practical Dreamer: Do’s and Don’ts of Mastering a Small Business. Boyar’s book will help you understand how proper financial planning can spell the success of your business.
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Tax preparation season is just around the corner, which means it’s time to get out the books and go over your small business operations as you prepare all those required tax forms. Learn the advantages and disadvantages of hiring a tax professional full time.
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Isabel Isidro is the co-founder of PowerHomeBiz.com. A mom of three boys, avid vintage postcard collector, frustrated scrapbooker, she also manages Women Home Business, Starting Up Tips and Learning from Big Boys. Follow @powerhomebiz
