Homework – 3/10 Try Harder
Homework – 3/10 Try Harder Marketwatch never ceases to be fascinated by the lengths to which people will go to beat the market and earn that elusive extra dollar. Although we know that investing in anything carries a degree of risk, there always seem to be plenty of people around who are more than willing […]
Tax tips for new business owners
Want to avoid paying more than you should come tax time? Or a frantic last minute search for missing financial records? New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data needed to submit their return. Organization is key when preparing for tax […]
Still Doing Your Own Payroll? Here’s 3 Reasons Why You Should Stop
At face value, it seems like a great idea. If you’re a small business owner with just a few employees, you probably think that hiring a payroll specialist is an expense that you can avoid. You feel that you can handle it yourself. You have the best intentions to keep your staff paid right and […]
Ways to benchmark your business
For many business owners, determining the success of a business comes down to how much profit the company makes. Of course, finances are an important measure of an company’s overall success. If you don’t bring in more than you spend you won’t be in business for long. Profit, however, isn’t the only important benchmark by […]
Life on the margins
The sight of stock markets’ inexorable rise made Marketwatch’s heart flutter. Positive news abounds everywhere, well if you own shares anyway. But, you might ask, where on earth is all the money coming from? After all, as prices drive higher, someone is buying at ever increasing prices. The money pouring into stock markets is coming […]
Signs You’re Undercharging for Your Work
When it comes to the overall success of your business, one of the most important decisions you’ll face is how to price for the work you do. Charge too much and you could scare away potential customers. Charge too little and you could run yourself out of business. Figuring out how much to charge is […]
Three tips for managing construction industry cashflow
Owning a small business in the construction industry can be incredibly stressful. In addition to the long days and difficult working conditions, you have to worry about cash flow issues. It can take a long time to collect on payment from your clients or contractors who hired your business, and in the meantime you have […]
A Beginner’s Guide to Cash Flow Forecasting
Nobody wants their business to fail. Although it’s impossible to predict the future with 100% accuracy, a cash flow forecast is a tool that will help you prepare for different possible scenarios in the future. In a nutshell, cash flow forecasting involves estimating how much cash will be coming in and out of your business […]
The herd and its mentality
The herd and its mentality Marketwatch has been watching the GameStop saga with a sense of déja vu. A large group of individual investors, called in the trade “retail investors”, have got together on social media platforms and have taken on the professionals at their own game. For those who have missed the saga, this […]
Three finance options for your business
Most entrepreneurs find a time in their business when they need to access financing. It may be in the early stages of their business, when start-up costs for offices, equipment and employees must be covered. Or it may be later on, when they have to relocate, purchase more inventory or equipment, or market their business […]