A recent survey showed 89% of entrepreneurs said their business was in average, good, or very good health at the end of 2022. Of those, 64% listed their business as being in good or very good health. My question is, how many of those businesses actually know their business well enough to make such an … Continue reading Is your business in good health? Would you know if it wasn’t?!
Category: Financial Management
Predicting the Economic Future with Google’s “Small Business” Trends
Keeping a pulse on what entrepreneurs are searching for can be a good indicator of where the economy is heading. I recently took a look at the top 25 search trends related to the phrase "Small Business" I focused on the past 12 months using Google Trends. Here is the breakdown of what I found: … Continue reading Predicting the Economic Future with Google’s “Small Business” Trends
Establishing Business Credit – You Should Do It!
Many small business owners don't realize they can establish credit that is separate from their personal credit history. Business credit can be a powerful tool in growing and sustaining a successful business. Add to that, the benefit of protecting personal credit from the potential negative credit experiences that may come about from business ownership. Combining … Continue reading Establishing Business Credit – You Should Do It!
5 Ways to Improve Your Small Business Cash Flow
Increasing revenues and profits are great ideas but improving cash flow makes it easier to sleep at night. (If you thought all of these (revenue, profit, cash flow) were the same, we need to talk!) Here are a few quick tips to help improve your cash position at the end of every month: Launch a … Continue reading 5 Ways to Improve Your Small Business Cash Flow
5% rise above the competition: Implement your strategy
Only 5% of companies execute their strategies. - Doug Dvorak You ponder, plan, create action lists and strategies for hours. You can probably point to at least one strategic plan created for sales, operations, growth, expansion, start-up, a new product launch or hiring additional employees that you toiled over and then just set aside and … Continue reading 5% rise above the competition: Implement your strategy