Cash Flow Challenge

We all know that in order to grow, you’ve got to spend money. The challenge is, where do you get it from? If you think you’re ready to grow, think again. The signs may have been positive lately: revenues are up, you’re selling more services, and work in coming in faster than you know what…

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Budgeting for SEO – with Guest Blogger Sharon Arena

By Guest Blogger: Sharon Arena of Salty Red Dog Marketing, LLC Running a small business is not easy.  Most small businesses have limited resources and extremely tight budgets, especially when it comes to sales and marketing.  Search Engine Optimization (SEO) is best defined as the process by which the visibility of your website can be…

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Numbers

Following up on our last article about having a healthier business, we are going to dive into numbers. Without knowing how a company has performed financially, it’s difficult to predict where it can go. When tracking and understanding your business, it’s important to ask yourself these questions. Are You Profitable? If the revenue from your…

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Four ways to assess your business health

With the start of a new year comes promises to become healthier. There are plenty of ways to assess your physical health (weight, BMI, cholesterol, resting heart rate, blood pressure, etc.)  Why shouldn’t we be looking at our businesses similarly?  When thinking about the health of your business, here are four areas to review when…

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How To Price Your Small Business

One of the reasons behind small business success, is appropriate pricing. When you price your product accurately, it can really help build the foundation for your business to succeed. The same goes for pricing your product or service incorrectly, your business may face problem that has trouble overcoming. It’s not an easy task to develop…

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End-of-the-Year Checklist for Small Businesses

I love this time of year!  Thanksgiving is my favorite holiday.  It’s tempting to focus on holidays, traveling and family visits, but tend to forget about your businesses 4th quarter closing. Now is the time of year where your business needs your attention the most, especially when it comes to your finances. Keeping on top…

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15 Financial Management Tips for Beginners

15 Financial Management Tips for Beginners Separate Business Expenses from Personal – This will help keep your personal spending separate from your business costs. Plus, having a business credit card could come with a higher credit line, for unforeseen expenses. Not separating the two can cause confusion when you’re analyzing your yearly spending. It could…

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Why budgeting is so important when you’re struggling

I meet so many business owners that are living hand to mouth.  They have that nervous feeling in their stomach every time they need to pay bills.  Worried that this is the month they’re not going to be able to make payroll, or wondering if they can pay themselves enough to cover their mortgage.  Budgeting…

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Why budgeting is so important when you’re thriving

I often meet business owners that are doing great.  They don’t need a budget.  They have money in the bank, sales coming in and are growing at a nice pace, but are there dangers lurking ahead?  Wouldn’t you rather know before they jump out of the closet and cause a commotion?  I sure would! Even…

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Is your business healthy or just big?

I meet a lot of business owners that are doing everything they can to build a big business.  I also have met quite a few owners of big businesses that are struggling.  What all of these business owners really want is a healthy business. Does this sound familiar? Have you been focused on growing a…

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