When to Consider Hiring an Accountant for Your Small Business

As a small business owner, you’re probably looking for ways to save money on operating costs whenever possible. You might even have a bit of financial knowledge, so why not handle the books yourself? After all, you know the basics of bookkeeping and pay attention to details. But at what point should you hand over this crucial responsibility to a professional?   The reality is that bookkeeping is not the same thing as accounting. Bookkeeping involves the recording of a Read More

The Best Business Credit Cards That I Can Be Approved for

Getting a good business credit card is a great way to build a business credit history and get some benefits and rewards along the way. But depending on your personal credit history, it can be tough to get the card you want. Before you apply for any business credit card, it’s a good idea to check your credit score first. Once you know it, then you can apply for a card that you have a good chance of getting approved Read More

Reporting Fraudulent Transactions on Your Business Credit Card

We live in a world where credit card fraud is the new normal. In 2018, the Federal Trade Commission received 167,000 reports from people who either experienced fraud on an existing credit card account or had an unauthorized credit card opened in their name. That’s just the number of people who reported the crime. The actual number of credit card fraud victims is undoubtedly much higher. Although most people think of consumers when it comes to unauthorized credit card charges, Read More

How this Psychotherapist Grew Her Own Business While Working Full-Time

Angela Ficken is an entrepreneur and psychotherapist. She owns the ProgressWellness.com brand and runs a private practice in Boston, Mass. Ficken specializes in providing individual therapy for people who have a range of stressors, including anxiety, eating disorders, and obsessive-compulsive disorders. She also writes articles on managing these challenges for The Huffington Post, Thrive Global, and Today Parenting. Starting Out Why did you start your business? I started as a social worker at a McLean psychiatric hospital. After that, I Read More

4 Common Small Business Spending Mistakes

Running a business isn’t always easy, and there are various challenges that can halt or reverse growth however, few are as dangerous as those that directly impact your finances. Fortunately, you can mitigate financial risk by taking control of your spending and monitoring cash flow.   Here are four common small business spending mistakes as well as a few suggests to help you avoid them.   4 Common Small Business Spending Mistakes 1. Failure to separate business from personal expenses Read More

15 Expert Tips for Scaling Your Small Business

When you’re serious about growing your small business it makes sense to get the best advice possible. You can do that even if money is tight by tapping the expertise of Small Business Development Center (SBDC) advisors and consultants. SBDCs are funded in part by the United States Congress through a partnership with the U.S. Small Business Administration. SBDC Centers offer free consulting and free or low-cost training. (Find yours here.) Their results speak for themselves: SBDC clients grow sales Read More

This Entrepreneur Financed Her Business With a Side Hustle

Charlie Heck is the founder of Checkmark Creative, a marketing boutique that works with small businesses to tell their stories through social media, website design, and infographics. “We take really complex material and make pretty little Facebook and Instagram posts out of it,” explained Heck. After a job loss, Heck found a non-traditional way to save money to start her business and fund a cross-country move. Starting Out Why did you start your business? I was raised in a small Read More

Do I Really Need to Use a Separate Business Credit Card?

Using a credit card for business expenses can be a convenient way to get some extra time to pay off expenses, and can also make it possible to get rewards and benefits every time you swipe. In general, though, it’s always a good idea to use a separate credit card for business expenses as you do for personal expenses. Here’s why. Separating personal and business expenses As the saying goes, you shouldn’t mix business with pleasure. While that might not Read More

Personal Credit Cards vs. Business Credit Cards

You’re probably already familiar with the way personal credit cards work. As a business owner, you might have opened a credit card account or two for your company as well. Yet while the pieces of plastic you carry in your wallet may look similar, personal credit cards and business credit cards have some key differences. Here are four important facts about personal and business credit cards that you should know. Personal Cards vs. Business Cards 1. Business credit cards might Read More

Best Financing Options for Farmers

Whether you’re a vibrant, family-owned operation, or you want to try a small crop for the very first time this year, the allure of farming spans generations and is an integral part of our country’s most rewarding history. As the daughter of farmers, I understand what a personal commitment the occupation is; it can be also very, very expensive. How can a start-up farming operation get rolling when large corporations have a market advantage? What funding options are available for Read More