Small business Finances: How to Manage Them

When starting a small business, it is important for the success of the business that you understand how to properly manage the finances. It can [...]

September 22nd, 2016|Categories: Blog, Financial Aspects|

Tips on Managing the Finances of a Small Business

In order for your small business to be successful it is important to make sure that the finances are being handled properly. Nikhil Arora wrote an article on entrepreneur.com that discusses 5 financial management tips for a small business. Nikhil begins the article by stating that it is common to have revenue fluctuations when starting a new business. He also states that the cost of technology as well as rising man power adds to the difficulties of managing finances for new small business owners. […]

How to Cover the Financial Management Aspect of Your Business Plan

Sometimes it can be difficult to know how to properly create the financial management portion of your business plan. Luckily Norm Trainor wrote an article, that is published on covenantgroup.com, that explains what you need to include in the financial portion of your business plan. Norm Starts off by explaining the five financial levers, which are impacted by all activities that your business will undertake. He then explains the importance of creating a budget for your marketing plan, as well as what effects you plan to see while using that budget. […]

How to Manage a Small Business’s Finances

A Business’s finances plays a huge roll on the success of the company. If you are a small business owner, it is extremely important for you to know how to manage the finances of your business. Melinda Emerson wrote an article on succeedasyourownboss.com about 6 tips for managing the finances of a small business. Melinda’s first tip is to educate yourself. She continues by stating the importance of learning how to read a financial statement. She further explains the 4 essential details that are contained in a financial statement. […]

Common Financial Mistakes Made by Startups That You Should Avoid

It can be difficult, yet extremely important to know how to properly manage your finances when beginning a startup. Salman Khoja's article on Entrepreneur.com discusses [...]