While there are several books dealing specifically with business finances, including A Guide to Financing Your Small Business and A Guide to Small Business Finances, any consideration of business growth has to encompass at least some discussion on financing options such as mergers, acquisitions, joint ventures and franchising. READ MORE »
Posts in category Finance
Microsoft Excel is useful for tracking and analyzing all types of information. When using
it for business, the first thing you need to ask yourself is, “What information do I want to track/manage?” Businesses use Excel to manage a variety of data including lists of information, budgets, invoices, inventories, expense statements, time sheets, and employee schedules to name a few.
It’s amazing how many small businesses are not aware of contract bidding opportunities or how to find them via the Internet. No business owner starts a business with the vision of having it fail. Don’t let looking at other revenue options only occurs when the business is already failing. As long as money is coming in the door and cash register, an enemy called complacency sets in quickly. Don’t let your business be another victim of failing to think outside of the box. Finding and pursuing contract bidding opportunities is a critical component to business sustainability.
Organic growth – that sounds like someone growing tomatoes in their backyard. But it also sounds healthy and many people are willing to pay a premium for produce that is grown organically. In reality, there are similarities between organic gardening and organic business growth. Both practices are based on using what is already occurring without adding unnecessary outside influences. READ MORE »