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Category Archives: Business Tips
The 13-Week Cash Flow Forecast
One of the best tools to forecast cash requirements is the 13-week cash flow forecast. It can help a business owner predict what their cash balance will be 13 weeks in the future. It helps to answer whether there will … Continue reading
Posted in Business Growth, Business Tips, Money Management
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Building a Continuity Plan for Your Business
At the beginning of 2020, you might have thought that developing a business continuity plan was not a top priority. Or maybe you thought it was only for large businesses. Fast forward to today, and a business continuity plan has … Continue reading
Posted in Business Growth, Business Tips
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Cool Tech Tools: Easy Ways to Create Video Graphics
Video creation has gotten so easy that just about anyone can do it. You no longer need professionals. You don’t even need video editing software with the long learning curve and high price tag. All you need is an app … Continue reading
Posted in Business Tips, Cool Tech Tools
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What to Do When an Employee Is Terminated
Every company should have a strict process to follow when an employee leaves the company, no matter what type of termination it is – voluntary or involuntary. Here’s a checklist you can use to compare to your own process so … Continue reading
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Six Fun Ideas to Bring into Your Marketing
The purpose of marketing is, in part, about creating relationships with customers and prospects. While traditional advertising is a standard way of letting prospects know more about you, it’s not always the most creative way to connect. To spice up … Continue reading
Posted in Business Tips, Marketing Tips
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Watch Out for These Five Common Accounts Payable Errors
Paying bills is never fun, but paying bills you shouldn’t pay in the first place is even worse. There are many risks that can part a small business owner with their hard-earned cash, and here are five to watch out … Continue reading
Posted in Bookkeeping Tips, Business Tips
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Five Expenses to Cut During Tough Times
If revenue hasn’t come back as fast as you expected it to, it may be time to review your budget and determine if some planned expenses can be cut. Here are five places to look to do just that. 1. … Continue reading
Posted in Business Tips, Cost-Saving Tips, Expense Reduction Tips
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How to Reduce Stress Around Money
Many families and small business owners have seen decreases in income over the last several months. Money struggles can cause us to experience stress and worry, and none of us need that right now. Instead we need to boost our … Continue reading
Posted in Business Tips, Expense Reduction Tips
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3 Essential Metrics for a Smarter Marketing Spend
The only way to get smarter about how to invest your marketing dollars is to document and measure what’s happening now in your business. What you’ve measured, you can then improve. Marketing Spend The first step to measuring what you … Continue reading
Posted in Business Growth, Business Tips
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How Liquid Is Your Business?
Liquidity in business has nothing to do with water, milk, or juice! It describes how quickly you can sell an asset and convert it into cash. Cash is the most liquid asset of all. Real estate, in contrast, is not … Continue reading
Posted in Business Tips
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