Tweak Your Biz » Finance

Running a small business is never easy. It seems that there are an endless stream of problems to deal with and administrative tasks to be taken care of. However, there is a way through the fog that can descend over business owners who feel like they do not know which way is up. What can be especially difficult is keeping a tight rein on the financial side of things. Often business owners lack the experience with accounts, having never worked in an accounting firm before and so make many…

You know all of your website’s quirks, shortcuts, and shortcomings. It’s been a constant friend through the ups and downs of your startup’s early days, and now it basically runs itself — you’re so proud. So what if you want to sell it? Finding a buyer to invest in an online business you’ve created from scratch can be fraught with difficulty. It’s not like selling a secondhand car or an old office chair; you’ve left your mark on your website, and it’s a bit more serious than a…

   Publisher Channel Content by GetApp.com   As a freelancer, you have a to-do list that is a mile long. There’s the work itself, whether its graphic design, writing, editing, or anything else. There’s going over briefs and interacting with clients. There’s keeping your workspace organized, which is no small task. There’s the never ending struggle to make some free time for yourself and your loved ones. And, on top of it all, there’s the part where you…

What does it mean to live the American Dream? OnDeck recently released its Main Street Pulse Report detailing what it’s really like to be a small business owner, revealing how they invest their time and money to grow their businesses, and in turn, their local communities. Collectively, small business owners create a big impact. They create the lion’s share of net new jobs in our economy (two out of every three according to Maria Contreras-Sweet, the current Administrator of the Small…

All businesses, whether large corporations or small sole proprietorships, rely on an inflow of cash resulting from investments, sales, loans, and a number of other sources. However, these inflows of cash are interrupted by outflows of cash, which are essential disbursements to funds such as payroll, investments, operational expenses, and capital expenditures. Because of this, it’s vital that each and every business has a cash flow management plan in place. Cash flow management involves…

If you are a newly-minted entrepreneur raising a young company, then you must already have encountered problems related to unaccounted finance, lumpy cash flow and erratic income. There are a million things to attend to in a young startup and the owner no doubt has the responsibility of running the whole show. With the hours in the day never being enough, you obviously find yourself short of time to don all hats. A good money manager is also a beautiful artist because not everyone is gifted…

Let’s say life has been good so far – a solid education, marrying your college sweetheart, a satisfying and high-paying job that even leaves you time to pursue hobbies. To top it all, you just made the down payment on your dream home. Things seem to be falling perfectly into place, so you decide it’s time to take the next big step and have a baby too! Then all of a sudden, there’s an unexpected crash in the stock market, and the organization you work for crumbles so bad that you…

Big bucks are the next big thing you need when you are in the midst of setting up your own business start-up. Lack of financial support has always been one of the first hurdles entrepreneurs need to overcome when trying to successfully run a business. However, it is certainly not the last thing you should be worrying about the most. Entrepreneurship has always been an exciting adventure for any business start-up owner and so what if you can’t bootstrap your business with the necessary…

Bankers and other traditional lenders often turn to what they call the “Five Cs” when they’re evaluating a potential small business loan customer. The “Cs” answer many of the questions a banker might have about a borrower and are pretty easy to remember. While they harken back to a time before lenders could leverage technology to make decisions about you and your business, I think they are still a good place to start an internal assessment of your ability to secure a small business…

Automatic pension enrollment has been rolling out in the UK for a couple of years now and has received a mixed reception from employers and employees alike. First to implement the change were large private sector employers, followed by public sector employers, followed by small and medium-sized enterprises who are rolling out pension auto-enrollment at the moment. So far, opt-out rates have been very low. The government now only expects 15% of employees to opt out, rather than the 30%…