As a small business owner in today’s highly competitive economic climate, it’s vitally important to make sure your company’s financial records stay up to date. If you’ve been doing your own bookkeeping, but you notice that more than a week has gone by since the last time you reconciled your accounts receivable with your accounts payable, it’s probably time to begin thinking about outsourced bookkeeping. Outsourcing your bookkeeping will free up a lot of time that you may be able to spend more profitably grow your business. This solution … [Read more...] about Five Red Flags Proper Bookkeeping Can Warn You About
As a small business owner, you have to be mindful of your expenses if you want your young business to grow. Misuse of capital is one of the main reasons why small businesses fail. How to Save Money in Your Small Business Here are some creative ways that will allow you to save money: Volunteer to Speak at Community Events If you think that you are an expert at what you do, you should take every opportunity to share your knowledge with others. One of the best ways you can do this is by volunteering to speak during community events. When you … [Read more...] about How to Save Money in Your Small Business
The following is a guest post by Piyush Patel, author of the forthcoming Lead Your Tribe, Love Your Work. If you'd like to contribute a guest post to Money Q&A, be sure to check out our guest posting guidelines. Sitting down around a table at the popular Bottega restaurant in Napa Valley, my executive team and I settled in for an evening of celebration. The last few months were a flurry of long hours, bug squashing and improving on our new streaming video platform. It felt good to take a step back and celebrated their hard work and a job … [Read more...] about What Businesses Can Learn from Sports
While no one reads the terms of service agreement for many service providers—such as social media networks—creating an airtight agreement will protect your business from many future legal headaches. What to Include in a Terms of Service Agreement Here are four things businesses should include in a terms of service agreement. Provide a Definition of Your Service or Product This is something that essentially every kind of business—big or small—will want to include in its terms of service. By providing a definition of your product or service … [Read more...] about 4 Things Businesses Should Include in a Terms of Service Agreement
Are you a business owner who is looking for a way to improve the financial health of your business? If so, hiring a business mentor has the potential to help you achieve this important financial goal. Below are some of the ways a business mentor can improve the financial health of a business.
You Will Avoid Common Financial Mistakes
Avoiding mistakes that are costly for your business is just as important as making good decisions that make money for your business. Once again, an accomplished business mentor like Tai Lopez will show you how … [Read more...] about
The following is a guest post by Sage Lavine, author of "Women Rocking Business". If you'd like to guest post on Money Q&A, check out our Guest Post Guidelines. A Note from Hank: Sage’s experience coaching over 100,000 women entrepreneurs shows in her new book that explains why the ability to express vulnerability is a key strength for women in business. In particular, women seeking to build businesses can leverage this gift to win faithful followers, and attract loyal, paying clients. Ladies, have you ever felt like you … [Read more...] about Combine Vulnerability and Credibility for a Powerful Marketing Message
Keeping on top of your personal finances is hugely important if you want to enjoy a secure future without financial pressures and avoid getting into bad situations. The same is true when it comes to the business finances of any business you run. If you have a small company, you may think everything is okay as long as you aren't clearly making a loss or encountering serious cash flow problems. However, if you are not doing enough to control your finances, you are losing out on a lot of benefits as well as exposing your business (and by … [Read more...] about Why Looking After Your Business Finances Is Important
Whether you’re a seasoned business owner or an eager entrepreneur in the midst of setting up your own business, staying organized in every area of your business should be one of your top priorities. Xero accounting software can help you build your business and take it to the next level.
If you haven’t yet heard of or tried Xero’s software for small business owners, then you should seriously consider adding it to your repertoire of organizational programs.
Business Accounting Made Easy with Xero Accounting Software
Here are a few … [Read more...] about
The following is a guest post by Larry Kendall, author of Ninja Selling and chairman of The Group, Inc. If you’d like to be considered for a future guest post on Money Q&A, check out our guest posting guidelines. The average annual household income in the United States is $56,516. For the top 5 percent of households, it’s $159,619 and for the 1 percenters, it’s $380,354. In our company, we are only interested in hiring associates who aspire to be 5 percenters or better. We call them High Fivers, and we have a system to help them get … [Read more...] about Top 10 Incredible Success Secrets Creating a High-Five Culture
We’re now in an era where competition has greatly heightened with old players fighting to hold on to their positions. Digital developments have taken the world by storm and provide new players with a more level-playing field. The numbers of entrepreneurs have surged in recent years and we’re seeing more innovations in different industries.
How to Increase Employee Productivity
In an effort to increase competitive edge, employers are observing worker productivity more and finding ways to increase employee productivity. There are now several … [Read more...] about