Author: mccbloom@gmail.com
Les 6 questions que vous devez absolument poser à votre comptable cette année
Des rencontres périodiques avec votre comptable peuvent vous aider à bien planifier vos finances et vos impôts. Vous pouvez vous assurer de tirer le maximum de ces rencontres et vous préparer à l’année qui vous attend en lui posant les six questions ci-dessous. 1. Comment puis-je vous aider à faire un meilleur travail? Quel que…
Choosing the right loan for your business
Are you checking the right boxes when choosing financing for your business? When business owners think of obtaining finance for their small business, they may think of going to the bank, friends, or family. But business owners may not be aware of other trusted lending options. There are many financing options today to fund your…
Build a relationship with your accountant
For many small business owners, the relationship they have with their accountant is very transactional. In other words, they meet with their accountant at year-end to file their taxes; and maybe on a quarterly basis to file their employee withholding or pay their quarterly estimated income taxes. At least that’s how I approached my accountant…
Important small business financial metrics you need to know
I don’t think I’m alone when I suggest, that like many small business owners, I didn’t jump into business ownership because I was really excited about small business bookkeeping or accounting. I knew it was part of the deal, but it wasn’t the part of business ownership I was the most jazzed about. Nevertheless, there…
A comprehensive guide to small business loans
Small Business Loans Many small businesses rely on borrowed capital to fuel growth and other initiatives. Depending upon the nature of the business need, a business’ credit profile, time in business, whether or not the business has adequate collateral, and other factors, there are more small business loan options available today than ever before. The…
6 steps to help you think more strategically
Building a Business Strategy for 2019 Thinking strategically and building a business strategy is an important exercise for all businesses—large and small. Unfortunately, many small business owners aren’t sure where to start, how a more strategic approach will impact their business, or if it’s even worth the time away from the important work of meeting…
Small business budgeting for the new year
Even if your business is not what is typically identified as a “seasonal” business, your business likely ebbs and flows with seasonal fluctuations—at least that’s been my experience over the last 35 or so years. Fortunately, after a couple of years at the helm of your business, those fluctuations can be anticipated; making it possible…
Cash flow: What business owners should know
Cash flow is the lifeblood of every business. Without cash, it’s hard to purchase inventory, pay employees, and ultimately keep the doors open. In fact, according to PreferredCFO.com, 82% of small businesses fail because of poor cash flow management skills or a poor understanding of cash flow. “While there are multiple factors to consider with…
4 ways to recover from a rejected loan application
Most small business owners don’t jump into their entrepreneurial dream because they are experts at financing a business. As a result, it’s not uncommon for a loan application to be rejected. Sometimes it could be the creditworthiness of the business, the criteria of the lender, or simply not completely understanding what the lender considered when…
Your Credit Profile: Are You Smart Enough?
Today is Get Smart About Your Credit Day. As a small business owner, you don’t need to be a credit or finance expert, but in today’s world, it’s critically important that you have a strong foundation of credit knowledge and are vigilant in your efforts to build and maintain a strong profile. Every small business…
Building and Motivating a World-Class Sales Team
Growing up in a small business, from my earliest days driving the delivery truck, filling customer orders, or sweeping the warehouse floor, my dad ingrained in me, “We are all salespeople.” [...]
Six Necessary Skills For Effective Operations
American small businesses are enjoying an overall positive uptick. As noted by Forbes, U.S SMBs entered 2016 with stronger sales growth, improved profitability and upward hiring trends. This [...]
Understanding Crowdfunding
The options available to small business owners, particularly startups, for finding capital are better than ever—but they might not be where you’re looking. Crowdfunding is one of [...]
Maximizing The Value of Financing for Retail Businesses
Like other businesses, many small retail businesses rely on borrowed capital to purchase inventory, buy fixtures, expand, or bridge seasonal cash flow gaps. Financing for retail businesses [...]
Managing the Busy Summer Season in a Seasonal Small Business
Many seasonal small businesses see a surge in traffic over the summer months. Their customers are eating out, traveling, investing in their homes with home and garden improvements, or [...]