Business

The key performance indicators (KPIs) for one company will invariably be different from the KPIs of another firm.  What both hypothetical companies share, however, is the challenge of selecting which KPIs are best suited for measuring the goals and progress of their particular business model. Indeed, entrepreneurs have a...

If you ask 100 business owners what they like least about running a business, chances are good that bookkeeping will rank high on the list. It’s an annoying and frustrating chore that takes up a lot of time and is easy to put off until tomorrow. Avoiding your bookkeeping...

When it comes to creating a budget, it's essential to estimate your spending as realistically as possible. Here are five budget-related errors commonly made by small businesses and some tips for avoiding them. 1. Not Setting Goals. It's almost impossible to set spending priorities without clear goals for the coming year. It's important to identify, in...

Did you know that most of the time, 20 percent of your effort correlates to about 80 percent of the results that you get? Discovering the business-oriented actions that make the biggest impact for you means that you can do more of that and less of the things that aren’t as impactful...

Introduction to Small Business Finances Importance of Managing Finances Effectively Managing finances effectively is crucial for the success and survival of any small business. Proper financial management clearly understands the company's financial health and enables informed decision-making.  Maintaining a strong grasp of...

Start at Part 1 of this 5 part series. There are a wide range of ways that you can increase the value of your FBA business. In many ways, the freedom that an FBA business affords opens many doors to growth and improving efficiencies. Financials

The end of the year tends to be a bit chaotic for business owners, but it’s actually a good time to get some extra housekeeping done for your business. Read on for some tips to help you finish the year neatly and feel prepared to face the new year.

While growing a business is exciting, it can also be very stressful if things move too fast, and it grows too quickly. You may make more mistakes, some which can cause serious problems with your customers’ satisfaction, which can rub off on future sales.  Too Easy to Lose Track...

If you want your business to grow, at some point you’ll have to think about scaling it. Scaling it isn’t exactly the same as growing it, though they are often used interchangeably. Growth refers to adding resources and increasing your revenue in a linear fashion. You double your number of offices to...

When you become a business owner, one thing becomes clear fast. You’ll never get all the work done. Ever. Never ever. Let’s repeat that again for the people in the back. There is no possible way as a business owner that you’ll ever be done with the work that needs to be...