Every business has some growing pains but for many businesses, this can lead to some serious problems with cash flow. Though your ideas are good and your creativity is on point, any business can find themselves in serious trouble without a proper financial plan. In fact, many a brilliant...
Whether you are starting a new enterprise or are a seasoned business owner, saving money is always an attractive proposition.However, saving money should not mean that you must cut on quality! After all, your business depends on you being able to provide a high standard of products and services....
When you become an entrepreneur, the dynamic of your life is likely to completely change. Not only may you find that your days consist of back to back meetings and reviewing contracts, but you may also have to become accustomed to learning a lot about finances. Often times, there...
This field is considered one of the best business opportunities you could start in the current economy. Keep reading to learn about both existing and upcoming prospects in this industry: Agriculture Inspection/Manning Busines Farmers face a variable cost when they have their farms inspected manually, but drones can cover niche areas...
An entrepreneur creating a small business can often feel like the small fish in a big pond. And there’s so much talk about small businesses failing in their first few years that you might have doubts about your chance of success. But the best way to make sure your...
When running a business, there are many responsibilities that you have to ensure that everything is running smoothly, customers are happy, and you're making a decent earning every month. You see, when an entrepreneur first starts out, they have their own special driving force that pushes them through tough...
A staggering eight out of 10 Americans say they live paycheck to paycheck. Life can be even harder as an entrepreneur, since your cash flow is far more variable than people with a steady job. If you have a high accounts receivable to cash turnaround time, then you may...
Taxes are a very complex part of running a business. They are also one of the biggest sources of frustration for entrepreneurs.One of my colleagues recently discussed the problems that taxes can create. He has an affiliate marketing business and lives in the United Kingdom. He was promoting affiliate...
Charles Ngo, a renowned entrepreneur, recently shared an anecdote from somebody he knows. This man was making $10,000 a day from ecommerce. Then his Facebook advertising account got banned and he was left with nothing. He hadn’t been investing, which left him in a very bad position.As an entrepreneur,...
Today, Australian financial industry contributes $140 billion a year to the national GDP. That wasn’t always the case. The industry has grown faster than most others.The industry has undergone massive changes since the beginning of the century. A few renowned financial services experts have played a key role in...