How Much Do You Make from Your Business?

You start a business with the hope of primarily making a living from the business. Whether you want to earn just enough money to cover your living expenses or money that will allow you to live a jet setting lifestyle, the business needs to earn money for you. But are you making money from your business?

How to Run Your Home Business Lean – and Profitable

If there’s one lesson this economic downturn teaches us, it is the importance of running our business operations lean.

Many small business entrepreneurs made the mistake of spending too much, too soon. They based their spending on the money that they thought will be coming in, not on the money that they actually have. While optimism [...]

7 Common Cash Flow Problems Faced by Small Businesses

Cash flow is an essential ingredient to the survival of your small business. It is the flow of money in and out of your small business, and the quantity as well as timing of that flow is critical to the continued operation of your business. Learn the seven major reasons that result to cash flow problems for businesses, which you need to look out for as a small businesses owner.

Tips on How to Select the Right Collection Agency

Collecting receivables is an important step in ensuring a healthy cash flow for a business, and more so for a home-based business or solo entrepreneur. However, account receivables collection is a time-intensive process that most small businesses just don’t have the time, know-how and energy to pursue. Learn how to choose the right collection agency to work for you.

How to Manage Your Accounts Receivables in a Recession

It is so hard to get a loan these days as banks are tightening their credits. And so should you! To help ensure that your business survives, you need to reassess the way you manage your accounts receivables.
We have posted an excellent article by Jennifer Stacey on how small businesses should manage their accounts receivables [...]

Top Ten Ways to Bring Holiday Joy to Your Small Business

With the current state of the economy, many small businesses are struggling to get paid for the products and services they provide. Learn 10 tips to help small businesses address their receivables problem and allow small businesses to enjoy the holidays.

When Payment Never Comes: Options for a Small Business Owner

We are in business to provide customers with our products or service — and get paid in return. But what if the customer does not pay? How should we collect on the payment? What are our options?

According to the book “The Law (in Plain English) for Small Business,” we basically have three options:
1. Do Nothing. [...]

10 Biggest Business Blunders

The authors of the book The Maui Millionaires, David Finkel and Diane Kennedy, continue their exploration for amassing wealth in their new book “The Maui Millionaires for Business. The publishers sent me an excerpt of the book, which focused on how entrepreneurs and business-people can successfully solve wealth challenges.
According to the book, here are the [...]

Making Sure You Get Paid

One of the common problems of many small and home-based businesses is ensuring that they get paid for the products provided or services rendered.
I’ve seen this first hand with the lawnmowing/tree services company that we hired for our home. No, the problem is not with us ) but in the way they try to [...]

Increase Your Business Growth and Cash Flow Through Equipment Leasing

“If it can be manufactured, it can be leased.” For the past decade or so, this statement has become more and more true to fact. From computer software to commercial aircraft, equipment leases are utilized day in and day out in a constantly changing and highly aggressive business environment worldwide. To gain or to keep [...]