Small Business
How Small Businesses Can Assess And Protect Their Finances As Economies Reopen
Source: Forbes | Repost QBScott 7/16/2020 – During the initial phases of the pandemic-related shutdowns, a Goldman Sachs small-business survey found 51% of small-business owners could operate for only zero to three months during the quarantine period. A survey from May found that at least 2% of small businesses had closed permanently due to Covid-19.…
Read MoreThe Only Three Reasons Entrepreneurs Need Accounting and Finance
Source: Forbes | Repost QBScott 6/18/2020 – Observing finance and accounting professionals— or the way academics at most business schools train them — might lead you to believe that finance and accounting is a complex and arcane language understood only by an initiated few. For an entrepreneur, the truth is that accounting and finance are…
Read More5 Personal-Finance Mistakes That Kill Promising Companies
Source: Entrepreneur | Repost QBScott 5/21/2020 – For most people, personal-finance mistakes affect only themselves. For entrepreneurs, a personal-finance slip-up can have far-reaching consequences. People who get into tight financial spots while running their businesses must make difficult choices about which bills to pay, which opportunities to let go and which partners to leave. Founders…
Read MorePivoting Your Small Business Model to Survive the COVID-19 Crisis
Source: Worth Newsletter | Repost QBScott 5/7/2020 – There is opportunity in every crisis, and the COVID-19 pandemic has created a crisis for many small business owners that is unlike any other before. The coronavirus has forced governments into enacting what some are calling “the Great Lockdown.” The lockdown consists of closing all non-essential businesses,…
Read More4 Behaviors That Help Leaders Manage a Crisis
Source: Harvard Business Review | Repost QBScott 4/23/2020 – The roles and responsibilities of business leaders have dramatically changed in the past few weeks. Before COVID-19, CEOs and other executives in high-growth companies were focused on fostering innovation, driving revenue, and gaining market share. Today, many of those same leaders must make rapid decisions about controlling…
Read MoreA 10-Point Small-Business Survival Plan for Dealing With the Coronavirus
Source: Entrepreneur | Repost QBScott 4/9/2020 – It’s safe to say that this current crisis is like none other faced by small business owners in the recent past, and it’s certainly daunting trying to tackle all of the unique issues it presents. Regrettably, the predominant voice we hear hasn’t offered a lot of specific steps…
Read More4 Smart Ways to Reduce Costs Starting Right Now
Source: Entrepreneur | Repost QBScott 3/12/2020 – Your sales, marketing, and customer service teams make it possible for your business to succeed with clients, but turning a profit also depends on keeping costs as low as possible. From getting the best price out of your suppliers to cutting waste, there are plenty of ways to…
Read MoreDigital Tools Every New Business Needs To Grow
Source: StartupNation | Repost QBScott 12/5/2019 – Modern startups run on digital tools. From communicating with customers, collaborating internally or protecting their assets, entrepreneurs should know that there’s a digital platform or service for everything. The truth is, those who don’t embrace technology may be left behind: According to Deloitte research, “digitally advanced small businesses”…
Read More21 Ways An Accountant Can Help a Small Business Owner
Source: thebalance.com | RePost QBScott 11/21/2019 – If you are bootstrapping or starting a small business on a limited budget, you have probably spent some time trying to figure out where you can cut business costs and do more on your own to stretch the funds you have available. One area you may consider doing…
Read MoreTips to Get Your Small Business Off the Ground
Source: Keap.com | Re-Post 11/7/2019 – The economy took a nosedive in December 2007 as the Great Recession began its crippling effects on the U.S. economy. The rebound took a few years and began to show improvements in the latter half of 2009. Those initial steps toward recovery were on the backs of hardworking, committed…
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