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1 October 2009 1 Comment

How to Save Money on Business Travel Expenses

The cost of business travel can really add up, especially when travel is a frequent part of doing business, and it can put a great deal of strain on tight budgets. Here are a few simple ways your small business can save money on business travel expenses without cutting back on trips:
Renting Cars

(Image Credit)

See if [...]

11 June 2009 1 Comment

Tips on How to Grow Your Small Business in a Recession

Yes, there are small businesses out there that are considering growth opportunities even as our current recession keeps a tight hold on our economy. But for those small businesses that are in this situation, any steps that they take to expand operations should be carefully implemented.

Here are a few tips on how to responsibly grow [...]

4 May 2009 1 Comment

How to Build Your Business Credit Rating

Having a good business credit rating is a golden key that can help open the doors of financing- whether from the bank, vendors and suppliers, or potential investors. And with the current economic environment making it harder for small businesses to get the financing they need, this key is all the more vital to the [...]

5 March 2009 0 Comments

Stop Overpaying On Your Overhead Expenses!

Do you know that you may be paying too much for many of your overhead expenses? Here are 12 simple ways that small businesses can save a significant amount of money on some of the most common operating costs:
1. Cell phones and business credit cards
Cell phone plans and credit card options can vary tremendously from [...]

4 December 2008 2 Comments

Keeping Your Business Out of Debt

As I scan the media these days, I often come across the personal accounts of people who were drowning in debt yet were able to pull themselves out and make their way towards financial stability. Since these people tend to be representative of the “average Joe,” the display of resilience and discipline is particularly inspiring.

But [...]

17 October 2007 0 Comments

Missing the cash flow to improve your cash flow?

Existing businesses seeking business financing have a harder time than start-ups, in securing a business loan. Entrepreneurs in search of start-up capital for their businesses can invent favourable figures in their projections used in convincing the bank to provide financing. A business owner looking for additional financing for his already established business does not have [...]

28 September 2007 0 Comments

Free Online Business Finance Workshops

Today, I ran across a series of free business finance workshops that seem very helpful. They take a while to load, but they are very well done. There is a PowerPoint style presentation with a voiceover (not just reading what is on the screen.) Each workshop covers a different “How to” – I’ve annotated the [...]

19 September 2007 0 Comments

Government Business Grants: Applying for Business Grants Online

After writing a post on making the decision to pursue the Government Grant path, I decided to put together some links for grant seekers.
· Here is a list of Federal Government Resources, including Grants, Contracts, and Auctions that provides a list of links to government grants.
· For information on finding and applying for government grants, and also [...]

19 September 2007 0 Comments

Cash Flow Tip – Business Cycle Coordination

One of the most important steps in attempting to calculate cash flow is breaking your business down into cycles.  Some examples of business cycles are:  inventory cycle, accounts payable cycle, sales cycle, and accounts receivable cycle. 
The key to smooth cash flow is to coordinate these cycles as much as possible with one another. Unfortunately for many [...]

18 September 2007 0 Comments

Resources for Women with Small Businesses

For all those female entrepreneurs out there, here are some great resources that I found compiled on the SBA’s Office of Women’s Business Ownership site.  Some, like the library and courses, are good for all you entrepreneurs, regardless of gender.  Many of these organizations are great ways to network, in addition to the specific benefits [...]