I usually don't like to talk to people on planes, but for some reason I was drawn into a conversation recently with an older man sitting next to me on a flight to Florida. What he told me made me think.
His name is Charles and he's the... Continue
A small business's cash flow is, not surprisingly, dependent on cash. That's why late-paying clients can be an incredibly frustrating challenge for a small business owner. It not only ties up money you need to pay your own bills — trying... Continue
I often meet people starting up small businesses, or running young small businesses, who have aspirations of making lots of money. That's certainly a reasonable goal.
They open coffee shops, start an e-commerce site, create a consulting... Continue
If you want a taco at the 13-location Mexican food chain Dos Toros in New York City, you better bring your credit card. The same goes for the Dig Inn — a chain of locally farm sourced restaurants. And for salad eatery Sweetgreen,... Continue
Do you know what Bitcoin is?
Not everyone fully understands what Bitcoin is, and that's OK. It's not an easy concept to swallow.
Bitcoin is a digital currency that was created by some mysterious Japanese guy back in 2009. Like gold, it... Continue
Does the idea of falling victim to fraud make you reluctant to accept mobile payments in your business? If so, it's time to reconsider, or you could lose customers to competitors who do accept mobile payments.
Mobile payment processor... Continue
Sageworks is a research firm that provides financial analysis, industry data, and risk management solutions for private company CFOs, accountants, and bankers. Recently, Mary Ellen Biery — a research specialist at the company —... Continue
Business forecasts are an essential planning tool for small business owners and they are usually required by potential lenders and investors. With meaningful forecasts to help predict results, businesses can plan more easily and... Continue
A 2012 report showed that only half of small businesses in Florida weren't reviewing their financial statements. And of that 50%, 86% were experiencing financial difficulties.
Businesses weren't reviewing their statements ...... Continue