In this day and age, people are pushing cash to the side and paying with plastic. But just because plastic is dominating does not mean cash is obsolete. Many people still prefer to pay with cash. And in some cases, it can be easier to deal with cash than cards. But, can a business refuse […]
Read More Can a Business Refuse Cash from Customers?
As a business owner, you can look to your balance sheet for answers to questions about your business’s financial health. One thing you may keep track of on your balance sheet is accumulated depreciation. But, what is accumulated depreciation?
Read More What Is Accumulated Depreciation, and How Does it Impact Your Assets’ Value?
If you want to keep your business running, you need to fork over some cash to buy goods and services. And sometimes, you might use credit to make these purchases, resulting in accrued liabilities.
Read More The Basics of Accrued Liabilities in Business
Attracting customers is a never-ending battle, especially when your market is chock-full of competition. Businesses use a variety of tactics to ward off said competitors, including price wars. Learn what is a price war and how to win one if you find yourself in combat with another business.
Read More What Is a Price War, and Is it Worth it for Your Business to Go Into Battle?
What does a holiday company shutdown have to do with lower overhead and COVID-19? Turns out, a lot. Major corporations like Best Buy, Target, and Walmart have already announced store closures for Thanksgiving 2020 due to the pandemic.
Read More Turn up the Holiday Cheer With a Company Shutdown This Year (Plus Save on Overhead)
Love the idea of starting your own business, but don’t want to deal with the hassle of finding an office space and paying rent? Then starting a business from home may be a good fit for you. Find out the pros and cons of owning a home-based business and how to start a business from […]
Read More Starting a Business from Home: 11 Steps to Successfully Launch Your Home-based Venture
If you have a veteran-owned small business, you may be eligible for special training, loans, and contracting opportunities. Read on to learn what types of options are available to veteran entrepreneurs as well as eligibility requirements.
Read More What Kind of Support Can You Get for Starting a Veteran-owned Small Business?
If you’re running a business by yourself, you may be considered a solopreneur. And like any other business owner, you need to familiarize yourself with accounting dos and don’ts. Read on to learn more about solopreneurship and tips for handling your books when you’re the one running the show.
Read More Thinking About Becoming a Solopreneur? Utilize These 6 Accounting Tips to Succeed
When you first start a business, the last thing you’re thinking about is leaving it. But, life gets in the way of plans. That’s why you need an exit strategy before starting your small business. Exit strategies help make sure you, your business, and investors are protected.
Read More Small Business Exit Strategies: A Brief Rundown of Your Way Out
There are a number of strategies you can use to price your products or services. One of them is value-based pricing. Read all about value-based pricing, its pros and cons, and how you can use it to strategically price goods and services at your small business.
Read More Will Value-based Pricing Work for Your Business?