Taking the leap into self-employment can be scary, but it can also change lives for the better. Many self-employed people talk about how their job offers them a sense of purpose and fulfillment that evaded them when they worked for someone else, not to mention the more logistical benefits of being your own boss and […]
Written by Joseph Muscente
The first order of business — for most businesses, anyway — is making money. That’s not news. But these days, with a plethora of options on the market, many customers vote with their wallets. That means choosing to support businesses that align with their values, sometimes even at greater financial expense. A 2024 customer survey […]
Written by Joseph Muscente
As an entrepreneur, making the decision to expand your team can feel exhilarating. After all, it probably means that your business is growing. About 18% of small businesses in the U.S. have paid employees, according to the U.S. Small Business Administration (SBA). But hiring new talent comes with certain legal obligations, plus effort to recruit […]
Written by Joseph Muscente
Effective credit management is more than just a back-office function; it’s a strategic tool that can drive business growth. For small business owners, managing credit effectively means protecting cash flow, reducing bad debt and strengthening relationships with customers and suppliers. In this guide, we discuss the role of credit management in business success, present three […]
Written by Joseph Muscente
As a small business owner, you are responsible for your own retirement savings. This can be a daunting task, especially given most adults believe they’ll need nearly $1.5 million to retire comfortably. The good news is that proper retirement planning can set you up for success. There are several small business retirement plans you can […]
Written by Joseph Muscente
Running your own business has its perks, but you’re also vulnerable to legal risks. Legal costs can add up quickly; in 2021, they cost small business owners $160 billion, according to the U.S. Chamber of Commerce Institute for Legal Reform. Safeguarding your business against legal challenges is essential for sustainable growth and stability. Here are […]
Written by Beth M
Helpful Tips for Organizing and Managing Your Business Inventory What started as a hobby, side hustle, or microbusiness is now growing into something bigger and better. That means it’s time to get serious and start implementing systems into your business. One important part of a small business that often gets overlooked is inventory management. Smart […]
Written by Joseph Muscente
Starting a successful online business is like starting a tug-of-war between your time and money. For early-stage entrepreneurs, you constantly have to ask yourself if you should invest your hours into learning new skills, like web design and video editing, or if you’re better off hiring experts. And then there’s the question of how you’ll […]
Written by Charlie Fletcher
Working from home sounds like a dream come true for many entrepreneurs. And it can be when you make clear divisions between work and life. Separating administrative areas helps you develop a professional business and keeps you out of legal hot water. Organizing your home office provides clarity when seeking necessary records. Plus, maintaining optimal […]