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...
It can be difficult for you to get approved for a loan while you are unemployed. Many banks will not lend to people who do not have jobs because it is too much of a risk for them.However, you still have options. One of the options that you may...
In business, making money is the name of the game. You might have started your business for reasons other than money- flexibility, freedom from the rat race and creating something you’re proud of- however when it comes down to it you need to be turning a profit for it...
In business, you have to take risks sometimes. Often, this involves spending money. The key to success lies in knowing what to spend your money on and investing in commodities that are likely to appreciate in value or benefit your business in terms of efficiency and productivity. If you’re...
Capital is important no matter what size your business becomes. But when you’re just at the start of your journey, finding the right investment is not only crucial, it can also be very elusive.Borrowing on cards, seeking loans from banks or taking funding from friends and family might seem...
When you come up with a business idea that you really want to bring to life, it can be daunting. Sometimes, when you’re doing something on a small scale, you can just get started with things and hope for the best. But that’s not always the case. Sometimes, your...
We were once described – by a French revolutionary – as a ‘nation of shopkeepers’. Today, we’re fast becoming a nation of business owners.Figures from the Centre for Entrepreneurs show that almost 660,000 new businesses were set up in 2016, up more than 50,000 on the previous year. The...