Tweak Your Biz » Finance

Starting your own business may be the most logical decision you make. While the benefits of regular, full-time employment (a steady paycheck, healthcare and more) are comforting, many professionals like you decide to work for themselves after years of accumulating and honing their particular expertise. Others may have been laid off from work and have been unsuccessful in finding acceptable full-time employment, but have something valuable to offer in the form of their own business. About one…

I play golf every weekend with the same two guys, and we grab a quick meal after. It’s a weekly routine that we don’t break in any but the rarest circumstances. As usual, we have lively debates about everything under the sun on the course when traversing the distances between holes, and at the club after. Since we’re an eclectic mix of professions including a surgeon, a financial consultant and radio talk show host (sounds like the beginning of an ‘x, y, and z walk into a bar’ joke…

Being successful in business doesn’t happen by accident. Being an entrepreneur involves careful planning, educating yourself on all aspects of your venture, and finding the right team of people who have the skills that your project requires. There are certain skills that you yourself need to develop in order to get ahead. Following a few simple guidelines can get you on the right path to success. If you skip them, you will spend most of your time wondering what you’re doing…

Faster than a speeding bullet—that’s how fast you can make and receive payments on your smartphone or tablet. Well … maybe we’ve exaggerated just a little bit. But, there’s no doubt the mobile revolution sweeping the technological world today has altered the way we process credit card payments. Imagine a futuristic cashless society where payments can be made with a touch of your phone. This may happen sooner than you think as mobile payment processes are gradually gaining popularity…

Lorna Sixsmith is quite possibly the busiest woman in Ireland.  She’s a mum, wife to a dairy farmer, farmerette, social media consultant, blogger, columnist and author. So how did she find time to run a crowdfunding campaign to raise money to publish her first book? In this blog post, Lorna shares her experience of running the campaign, including motivation, strategy, highs and lows, challenges, achievements and lessons learned. Tell us about the book The book is called “Would…

Starting a small business in the United Kingdom is no easy task, especially if your company is operating within a competitive industry and/or you’re based in a densely populated area where the cost of operating is usually more expensive than in rural areas. Although many businesses go under in the UK every year, the Insolvency Act and surrounding legislation has introduced formal Court procedures that can help a company escape the threat of liquidation and dissolution. If you’re a…

You’ve just started a small business and have gained a good understanding of your trade. But when it comes to budgeting, you’re lacking the necessary skills. Don’t be disappointed as for every problem, there is a solution. With the help of six simple guidelines, you’ll be able to plan your small business budget ably. But before we start the discussion, let’s find out about the significance of right budgeting and important budgeting techniques. Why proper budgeting is…

Some of the biggest names in the industry today like Apple, and Hershey’s began their journey as home based businesses before going on to become well-known corporations. This fact alone gives you an idea of the tremendous potential of home based businesses. One of the biggest benefits of starting a home based business is that you are the master of your own time, working from the comforts of your home. You can work longer hours or shorter hours; you can work alone or hire a few people to work…

If you are one among the aspiring entrepreneurs wanting to start their own business, the first thing that you need to secure is how to fund your business. Every start up business always needs financing and you can either shoulder it using your own fund if you have sufficient savings or to look for a business loan to get you started. It is good to know that there are many business financing options that are available for you to get your financial resources in order to start up a small business.…

The summertime isn’t very kind to many small business owners. As they sweat in the sweltering heat of July and August, small business owners often struggle to cope with reduced sales and seasonality. What’s a small business owner to do? Plenty!! Summer may be the time for customers to lounge, but business owners should be doing the opposite. With slowed sales, entrepreneurs looking to enhance their businesses should consider shifting their focus to development. Why worry about increasing…