Whether you’re looking to get your business off the ground or you’re seeking funding to expand, you’ll likely need to borrow money at some point. But before you can get your money, you’ll need to sign what’s known as a promissory note. Keep reading to learn more about the basics of a promissory note, how […]
Continue ReadingSo, it’s happening – your business is up and running, and sales are really taking off. The problem is, with the many transactions that happen daily, it’s hard to keep track of the numbers. Don’t sweat it, though; you have Microsoft Excel charts to do the job for you. There are important ways Excel is […]
Continue ReadingShowing up to work late, time-wasting and procrastination are all factors that can greatly affect an employee’s productivity. The plumbing business or industry is time-conscious and the last thing you want is having a culture of time-wasting and inefficient time management. Sometimes, clients will look for you during emergencies and odd hours and, as the […]
Continue ReadingWhen it comes to hiring workers, a frequent crossroad that greets business owners is whether to choose standard employees or independent sub-contractors. When asked the age-old question of which is the better option, there is no real concrete answer. It comes down to what is more cost-effective relative to the business and the work being […]
Continue ReadingManaging a team of employees can be tricky, especially when taking into account that traditional paper timesheets are so easily misplaced. What’s more, your employees are bound to make a few mistakes when filling in paper sheets and these entry errors can be detrimental to your budget restrictions, employee payroll, and project deadlines. In addition […]
Continue ReadingEvery year, anywhere from 7 to 9% of American businesses shut down for good for a number of different reasons. According to the U.S. Small Business Administration, approximately 25% of them close as a result of cash flow problems. Keeping a close eye on your business income and expenses is important if you’re a small business owner. […]
Continue ReadingYour business can only grow if you allow it the time and money it needs in order to do so. Reinvesting into a business is not something every company actively does. Making a profit is obviously the most important to begin with, but in order to continue growing that profit, here are a few ways […]
Continue ReadingDoes your business have a commercial generator hooked up to it? If not, it’s time to start thinking about having one installed. According to a report that was released last year, about 25% of businesses are experiencing monthly power outages at this point. Some of these power outages only last for a few minutes at most, […]
Continue ReadingIt’s not always easy for individuals to remain productive at work. The same is definitely true for teams as well. From office noise and excessively chatty coworkers to back-to-back meetings and excessive multitasking, sometimes we can become too busy not being busy. We’re human so it happens. For some of us, it happens more often […]
Continue ReadingOne of the first pieces of advice small business owners often get is to separate their business finance from their personal finance. In fact, neglecting to separate their business and personal finance accounts is one of the most commonly cited mistakes small business entrepreneurs tend to make. Fundera’s Have You Ever Used Your Business Credit Card […]
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