Slow-paying clients have always been a concern for small businesses, but the pandemic brought concerns to a whole new level. While most small businesses have net 30 payment terms, around a quarter are now waiting 20-30 days past the due date for payment, according to…
Setting small business goals is one of the best things you can do to improve the strength of your company and overall odds of success but creating goals in a way that gets results isn’t always easy. We’ll walk you through the basics and cover…
Having a buy-sell agreement is as important as having a will. Learn how buyout agreements protect what matters most to you and how to set one up right here.
So, you’ve successfully closed a deal, a significant achievement in the competitive business world. Now comes the critical moment when you’re waiting for the next customer order. However, instead of the expected engagement, you’re met with silence. So, the question arises: how do you politely…
Wondering if it’s time to hire a collection agency? We often think of collection agencies in terms of the consumer market. For example, retail stores and credit card companies often hire a collection agency when their customers don’t pay their bills. However, professional debt collectors…
Half of the 12 U.S. Bank Holidays fall in the three months between November and January, arguably at a time when Americans need access to their money the most. So why is the United States set up this way, and where did all these dates…
About a million small businesses launch every year, according to the U.S. Small Business Administration (SBA). More than three-quarters make it to the two-year mark, but certainly not without grit and the ability to overcome the multitude of startup challenges entrepreneurs face. Whether you’re already…
Businesses need to be financially prepared for any situation – including client non-payment. Learn about accounts receivable insurance and alternatives now.
Most small-business owners consider using third-party payroll services at one time or another. Use this guide to decide if payroll outsourcing is right for you.
Connecting and Networking with Other Small Business Owners: Small business networking can help you grow your company and help you find more satisfaction at work. Plus, it’s really easy to find networking opportunities even if you’re short on time and cash and aren’t usually a…
