Of those small-business owners who shut their doors, nearly half point to a lack of funds. Put simply, not enough money was coming in for them to pay employees or cover other expenses. In this article, we’ll l
What to look for in an expense tracker Rent, utilities, equipment, furniture, inventory, licenses, insurance, marketing, staff — all sorts of expenses are required to run a small business. It’s essential to carefully track all of your spending to make sure you stay on budget, but not ev...
Meeting project management goals, collaborating with your team, andtracking timeand expenses is so much simpler using FreshBooksproject managementsoftware.Click herefor a free trial, so you can free up mental space and improve your overall productivity. 6. Monitor and Evaluate Your Health Keeping you...
Today’s hiring landscape is much more competitive than ever before. As a result, small business’ recruiters are working harder to attract top talent in a specific industry since the labor market has become largely candidate-driven. In other words – as there are more job openings for talented...
One simple way you can manage monthly business expenses is by choosing the most cost-effective banking products and services and using them in a way that minimizes fees. Here are 10 ways you could lower or avoid business account fees:
Implementing a minimum viable budget can help manage expenses conservatively during the initial growth phase, helping ensure that the business remains financially stable. It’s imperative to ascertain how much money your business will require. You need to know not only the costs of starting your bus...
Beyond traditional write-offs, "home improvement expenses toward energy-efficient homes can yield significant savings," notes Ran Harpaz, founder and CEO of Lettuce Financial, a company offering tax services for solopreneurs. The Residential Clean Energy Credit provides up to 30% of the cost for ...
Finding the best pricing strategy for your products is a balancing act. Here are 10 pricing strategies to help you pick the perfect price for your products.
In our May and June update to our 2025 Best Canadian Dividend Stocks list we continue to focus on building a portfolio that can weather the tariff storm unleashed by the Trump Administration. For example, while the TSX 60 index has roughly broken even so far year-to-date, and S&P 500 is...
Businesses with lower revenue may still qualify for a line of credit. To get a bank business loan or SBA loan, however, you'll likely need annual revenue upward of $100,000. Pros and cons of business lines of credit Pros Good option for working capital, short-term expenses and emergency...