Pricing strategy small business – how do you build a pricing strategy small business owners can rely on?
Strategy sets the framework for pricing by balancing costs, market positioning, customer value and growth targets; you build a reliable […]
Roi explained – what is return on investment, roi explained simply?
Most of what you need to know about return on investment (ROI) can be understood through a simple formula and
Cash inflows vs outflows – what is the difference between cash inflows vs outflows?
You must distinguish cash inflows-money entering your business from sales, investments, or financing-from cash outflows-payments for expenses, purchases, and debt
Reduce business expenses – how can you reduce business expenses without cutting quality?
Just because you want to lower costs doesn’t mean you must sacrifice quality; you can systematically audit spending, renegotiate supplier
Irs recordkeeping requirements – what are the irs recordkeeping requirements you must follow?
There’s a set of IRS recordkeeping requirements you must follow to substantiate income, deductions, and credits: retain receipts, canceled checks,
Daily bookkeeping checklist – what daily bookkeeping tasks should you be doing?
Just spending 10-20 minutes each day reconciling transactions, categorizing expenses, updating invoices and receipts, and checking cash flow will keep
Sales tax explained – what is sales tax explained in simple terms?
Over time you’ll see sales tax as a percentage added to the price of goods or services; you pay it
Reduce business costs – how can you reduce business costs without hurting quality?
It’s possible to trim expenses without sacrificing quality by streamlining processes, automating routine tasks, negotiating supplier terms, optimizing inventory, and
Business credit score basics – what are business credit score basics every owner should know?
Over time your business credit is built and evaluated by bureaus that track payment history, public records (liens, judgments), credit
Quarterly taxes basics – what are quarterly taxes basics for small business owners?
Quarterly taxes require you to estimate and pay income and self-employment taxes four times a year to avoid penalties; as