While it may not seem it like at first, it really is important to keep separate accounts for business and personal transactions. In fact, it's recommended that you open a small business account before you send out that first invoice to a paying client. You might think, “Hey, I’ll get to it when I can. [...]
Would your business benefit from a higher rate of cash flow? What doors would open up if you doubled your positive cash flow direction? It's possible to increase it, but you have to be intentional about it. Just checking the bank balance before making a purchase is NOT being intentional. Try these strategies to [...]
One of the top reasons most small business ventures close within the first 5 years? Cash flow, or lack thereof. How do you make sure that your business doesn’t become part of the statistic? Emergency savings account. It’s not really an option, it’s a vital part of your business. The longevity of YOU, Inc. depends [...]
Disclaimer: This is a sponsored post. All opinions expressed are 100% mine. Whether you're a side hustler or a full time solopreneur, what sustains your business and keeps it thriving is profitability. In order to achieve that, you've got to keep expenses as low as possible. I participate in rebate programs, club memberships, and coupon shopping [...]
If you’ve run your own business by yourself for any length of time, you know that you have to wear a lot of different hats to keep things moving forward. Daily responsibilities include things like accounting, marketing, social media management, customer support, etc. With all that and more going on, it’s easy for things to [...]
