If you’ve used credit cards or lines of credit to finance your business, this is a good time to eliminate or pay down that debt. A small amount of debt can be a good thing, as it can help your business build credit. But reducing your monthly payments can boost your cash flow, and...
The number you have remaining tells you the value of the tangible assets owned by the company. Again, book value can be an excellent way to get a quick, bird's eye view of a small business's rough financial value. But you should never use this business valuation method by itself. 2....
Consider shopping small for the majority of your holiday shopping, or getting a head start on any other upcoming holidays, birthdays, or “just because” purchases. Think of it this way — you’ll be able to cross that task off your to-do list while also helping a small business get thr...
Strategically partnering with another business has terrific upsides, no questions asked. Take the time upfront to properly manageexpectations and objectives. That way, you can earn your way into untapped audiences—and profits. Like this post? Share with a friend!
How to Nail Your Strategic Advising Kickoff Meeting Elon Glucklich March 4, 2025 How to Plan for the Impact of Tariffs 1.888.498.6136 © 2025 Palo Alto Software.All rights reserved.Privacy & Legal. Get the LivePlan Newsletter The latest small business insights in your inbox ...
Here are 5 things that your small business can do to be more agile than most huge conglomerates. And here’s a hint up front: you need employee buy-in for every one of them. #1. Broaden the business focus. One colleague frequently tells the story about ridiculous change requests that cli...
Business Ideas 70 Small Business Ideas to Start in 2025 We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025. By Eve Gumpel Franchise Sam The Concrete Man is North America's #1 Residential Concrete Franchise ...
4 Ways a Small Business Can Scale to ProfitabilityLaunching a company is only half the battle. Getting customers to buy into your vision and scaling to profitability is the real fight.Firas Kittaneh
According to McKinsey,a fifth of sales functionscan be automated and that’s likely a conservative estimate. Tracking leads, managing prospects and organizing all of that information are necessary—but time consuming—sales tasks. AI tools excel at helping small business owners manage the sales proce...
Small-scale operations tend to be much more reliant on loans. The most obvious way is to approach a bank or other lender. One of the goals of theSBA is to encourage banks to lendby guaranteeing the value of loans made to these businesses. Although the SBA doesn't actually provide loans...