ELIMINATE STRESS AND BECOME MORE PROFITABLE

June 15th at 9:39pm

Stress kills, and that’s no exaggeration. It results in high blood pressure, heart attacks, strokes – and small business owners are among the most stressed people on the planet. Stress reduction is a team effort, which is fitting when you consider that too much stress affects the entire small business team. The effects of stress—often a result of increased workload, poor management, widespread feelings of being underappreciated or a lack of fulfilment—compound over time. It’s common to see one team accomplish an unbelievable amount of work, with relatively no stress; and yet another accomplishes very little whilst being crushed beneath…

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HOW TO DECREASE YOUR BUSINESS EXPENSES

May 25th at 1:19pm

In an uncertain economy when every penny counts, even the smallest increase in revenue or reduction in expenses can have an impact on company profitability. The good news is a large-scale company overhaul isn’t necessary. It’s often simple, common sense steps that improve the bottom line, especially for a small business. In Accounting terms, a company’s expense budget is comprised of two types of expenses: fixed costs and variable costs. A fixed cost is an expense that does not change with an increase or decrease in the number of goods or services produced or sold. These are expenses that have to be…

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HOW TO MANAGE CASH FLOW

April 6th at 5:08pm

Whether your business is growing or struggling, managing your cash flow effectively is absolutely essential, and for many, its the key to business survival.  That’s why it’s critical to maintain a level of working capital that allows you to make it through those crunch times and continue to operate the business. Simply put, cash flow management means delaying outlays of cash as long as possible while encouraging your customers to pay it as quickly as possible. Understanding cash flow: Positive cash flow: This occurs when the cash entering into your business from sales, accounts receivable, etc. is more than the amount of the cash leaving your…

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HOW TO MANAGE INVENTORY

March 30th at 4:56pm

Inventory is an accounting term that refers to goods that are in various stages of being made ready for sale, including: Finished goods (that are available to be sold) Work-in-progress (meaning in the process of being made). Inventory control is important to maintaining the right balance of stock in your warehouses. … Too much inventory can trigger profit losses––whether a product expires, gets damaged, or goes out of season. Key to proper inventory control is a deeper understanding of customer demand for your products. An inventory strategy is a day-to-day methodology to follow for ordering, maintaining and processing items in your warehouse. For a small operation, inventory management is a fairly straightforward job…

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First Down Funding – Industry Leader in Small Business Funding

March 23rd at 9:43pm

Small business funding is an advanced version of providing funding with fixed financing for small businesses. It’s an innovative way to provide business funding with a faster and easier application process throughout the United States. It is intended to quickly give your funding as compared to typical business funding. Fixed financing for small businesses leverages an advanced funding process that goes beyond the business owner’s credit score. Your regular transactions, as well as your business cash flow, play an important role in approving your application.  First Down Funding offers fixed financing small business funding on daily, weekly and monthly repayment…

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HOW TO PROTECT YOUR COMPUTER FROM MALWARE

February 23rd at 4:17pm

If your computer is showing any of the signs below, chances are that you have malware that needs to be taken care of Your computer is slowing down.Annoying ads are displayed.Crashes.Pop-up messages.Internet traffic suspiciously increases.Your browser homepage changed without your input.Unusual messages show unexpectedly.Your security solution is disabled. If you want to keep your computer malware free you should: Keep your software up to date. …Don’t click on links within emails. …Use free antivirus software. …Back up your computer. …Use a strong password. …Use a firewall. …Minimize downloads. …Use a pop-up blocker. Antivirus is one other means to protect the computer. It is software that helps to protect the computer from any…

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HOW TO SET UP A HOME OFFICE

February 2nd at 4:02pm

Working from home offers many advantages including the flexibility of setting your own schedule, saving time, and gas money by eliminating your daily commute. However, being successful in a home office requires creating an office space that promotes efficiency in a non-traditional work environment. Consider the following tips to help define a professional working space for your new business. Set up a private business phone line. …Consider a standing desk for better health. …Make sure you have a comfortable office chair. …Enforce office hours. …Don’t mix business and pleasure (financially) …Check your insurance coverage. Once your office hours are set, don’t…

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HOW TO CHOOSE A VIRTUAL OFFICE

December 15th at 7:26pm

As the digital age rolls smoothly into the mobile age, the ability to let employees work from home or out in the field is an incredible freedom for modern businesses and professionals alike. In fact, it’s so freeing that many companies don’t bother to lease a central office at all because even the business coordination team and top management can telecommute with ease. However, no matter how much fun running an almost purely remote business can be, the legal and functional idea of a business still includes a physical location and an address with a mailbox from which your business can…

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