As a small business owner, you wear a lot of hats. Keeping up with every department, idea and project is hard enough. But when you add finances into the mix, running your business can become downright overwhelming. In spite of the confusion that swirls around finances, small business owners must stay on top of profit, […]
Do you have a Bank or a Banking Relationship?
Many business owners have a bank, but what you need is banking relationship. Entrepreneurs with a bank just make deposits and withdrawals. Business owners with a banking relationship know the branch manager, the business banker and the head teller at the bank they use. The business banker has seen your business plan and is aware […]
How to Prepare for Irregular Income in a Small Business
Owning a business is great. You have unlimited earning potential, get to be your own boss, and live outside a gray cubicle. It is the American Dream. Except when it isn’t. The dream can quickly become the American Nightmare when the bills appear faster than clients’ payments. It plays out as a vicious cycle, but […]