6 Ways to Balance Work and Family Time This Summer

It’s a common characteristic of business owners: the love of doing things their own way and having the flexibility for their passions in life. Sadly, many entrepreneurs find balance a problem, especially in summer, when kids are home, and family BBQs are in vogue. How does a thriving business owner push through the busy summer months and still embrace those values they hold dear? Here are a few ways many successful business pros keep family prioritized without neglecting their companies. Read More

What is the Purpose of Financial Statements?

Have you heard the term “financial statement?” If you’ve owned your own business for some time, we’re betting you have. While it’s part of the lingo of being a business owner, the value isn’t always understood. This handy tool not only gives you the best look at how your company is doing and will do in the future. It’s a vital part of creating plans for growth or even surviving a downturn in the economy. There’s another reason to get Read More

13 Ways to Drive Traffic on a Budget

Whether your business is 100% online, or you own a brick-and-mortar location, there’s no better way to boost sales and revenue than with traffic. Getting more eyes on your products (and feet in the door), can significantly increase the sales you make in any given day. While massive marketing campaigns can run millions of dollars or more, there’s no reason you can’t employ smaller schemes to boost awareness and get people to your store or website. Here’s a list of Read More

Unsecured Business Loans: Right For Your Business?

Most business loan and credit card applications ask questions about your assets. The fact is that secured business loans – those where you offer up your business property as collateral – are the most common loans talked about in conversations regarding business credit. There is another option, however. The unsecured loan does exist. It’s aimed at those who don’t have (or don’t want to risk) their personal or business property, should they fall behind on payments and default on the Read More

How to Keep Employees From Leaving

The stats behind workplace loyalty aren’t what they used to be. The latest figures from the Bureau of Labor Statistics reveal that the median length of time a worker has been with their current employer (for both wage and salary careers) was 4.2 years in January 2018. This number varies wildly between generational groups, with the median tenure of workers ages 55 to 64 at 10.1 years, while those aged 25 to 34 had a median tenure of just 2.8 Read More

6 Business Loans for Women

Advertiser & Editorial Disclosure

The impact that women have on the U.S. market is growing every year. Consider these statistics from the National Association of Women Business Owners: Over 11.6 million firms are owned by women Woman-owned businesses employ almost 9 million workers In 2017, these same businesses generated $1.7 trillion in revenue 39% of all privately-held firms in the U.S. are women-owned Despite the gains women are making in the economy, there’s room for improvement. That’s why many loan programs have made a Read More

How Changes to PayPal Terms Could Impact Your Business

PayPal is a big name in small business payment processing, handling most of the payments for sites like eBay and Etsy – as well as many freelancers and those with online side hustles. Users of the platform were alerted to another set of changes to the PayPal Terms of Service on April 14th, leaving some sellers upset at the updates. Here’s what you should know about this newest round of revisions to their policies. Refunds Will Cost More Prior to Read More

How a Slowdown In Global Trade Can Help Your Small Business

“Tariffs.” It’s kind of a dirty word to some small business owners, and we’ve discussed the negatives that paying more for foreign products and commodities can bring. Higher-priced raw materials, such as aluminum and steel, can push up the cost of domestically-produced goods; on its face, that’s not a welcome change. Add in the fact that complicated trade relations are causing some countries to stop buying American altogether, and U.S. businesses are right to worry. There’s another side to the Read More

How DUNS Number Changes Could Affect Your Business

Businesses of all sizes should know of a significant change in the way government grants and contracts will be handled. The General Services Administration (GSA) announced in an interview with Nextgov.com that they are changing vendors for their federal contractor numbering system – better known as the DUNS (Data Universal Numbering System.) The system update won’t likely look different for companies right away, but here’s what you should know moving forward. What is the DUNS? The Data Universal Numbering System Read More

How to Maintain Confidence in the Market for Your Small Business

Customer demand can be fickle. What’s hot one day can be totally counter-culture the next. How, then can a small business ensure that their product or service will be marketable in the future? What steps can they take to ensure that they stay relevant and in-demand? While there’s no guarantee that your offerings will always be in vogue, there are some strategies to think through now, so that you’re able to navigate rocky markets later. Short of learning to read Read More