Tweak Your Biz » Finance

A small business faces multiple constraints for some time after it starts its operations. At least, it faces these constraints for some years before it gets out of the red, depending on several factors. Almost every constraint originates from the paucity of cash. Issues with cash supply can jeopardize your business plans. Small business loans can solve this problem in the short term as they enable you to fulfill your immediate cash needs. Such loans can be helpful if you manage them well.…

LEGO has been enjoyed by millions of children and families around the world for decades, yet the company behind the brand was on the verge of going bust in 2003. It’s hard to believe that such a ubiquitous product very nearly disappeared. Fast forward to 2015 and the privately owned company is now the largest toy maker in the world, having overtaken Mattel in the US. So what happened and can other businesses learn from LEGO’s experience? Let’s start from the beginning… The…

There is never a bad time to focus on ways in which you might look to improve or optimise your business operations. Even small changes can make a big difference over time and when fine margins matter. With that in mind, here are a handful of tips on how you might be able to tweak your business to deliver better performance and more optimal outcomes. #1. Protect your cashflow At times, running a business can feel like a constant battle and a process of dealing with one financial challenge after…

As the internet becomes a more useful medium than ever before, business is thriving. With millions of people connecting every day to search for answers to various questions, find the products that they need and seek out services, it has become obvious that in order to be a successful business today, you must be online. Communications tools and online programs are growing more innovative every day, and businesses of all sizes are taking advantage of easy expansion to enhance their market and…

If invoicing is something your business has much experience with, you know it can be a hassle. The more of a hassle it is to send out an invoice, the longer it takes to get it out to clients. If you can send out invoices within several days of job completion, the odds are much higher you will get paid and get paid in a timely manner. However, if your invoice does not get out until a week or two after the job is complete, your customer will respond in kind, generally taking quite a bit longer to…

Whether you’re just starting your business or are expanding your company’s capabilities and reach, there are always a lot of questions. For most tasks, there’s no “one right way” to do things – you’ve got the choice of different companies, different technologies, and different approaches to the same problems that all might affect you and how you do your business. Credit card processing is no different, and it can be intimidating to wade through all the…

For business owners, tax season is especially nerve wracking. You have more people, items, and writeoffs to claim than most. Without filing properly, you might get audited and have an even bigger headache to contend with. The types of employees you have in your business play a key role in how your taxes are calculated. Here are some of the key differences, as well as the pros, and cons to having each type of employee working in your company. Full-Time Employee Tax Requirements Full-time…

It’s not difficult to find someone in the small business finance space talking about the importance of creating and maintaining a good credit profile. Maintaining a solid personal credit score along with a good business credit profile are both critically important when looking for a small business loan. Here are eight things you can start doing to improve your profile today: #1. Know the score Do you know your personal credit score? If you don’t, you should. It’s the first place to start.…

For many Americans, all three of these possibilities seem all but impossible to achieve. With lots of debt hanging overhead, student loans, educations that aren’t panning out, a poor economy, and a host of other reasons, it looks like the odds are stacked against the vast majority of American citizens. I’m not saying that this part of reality isn’t true in its own way, but it also isn’t the whole story. A large percentage of households can actually make a lot better use of their money…

   Publisher Channel Content by GetApp.com   If the term “accounting software” doesn’t immediately excite you, it’s perfectly understandable. Luckily, cloud-based accounting apps are breathing new life into doing business in the digital space. Once upon a time, you had to make a trip to the local “big box” retailer to pick up an accounting application. Thankfully, that’s no longer the case because it’s all in the cloud. Off-the-shelf accounting applications are quickly…