SCORE’s latest infographic answers the question, “are women-owned businesses as successful as male-owned businesses?” This infographic highlights the findings of part 1 of “The Megaphone of Main Street: Women’s Entrepreneurship.”
Securing a credit card for your business can be a great way to build up your credit score. Being a responsible card user can open up other financing opportunities for you down the road. Let’s look at the six biggest mistakes business owners make with their credit cards, and how you can avoid them.
For many small business owners, their staff is more like family. That’s why it can be so painful to think that one of your employees is an embezzler. The majority (55 percent) of embezzlement takes place at companies with fewer than 100 employees.
As a small business, managing your finances is no small task. Since one of the main reasons businesses fail is due to poor cash flow management, it’s also why you need help. But, if you haven’t got a ton of experience working with accountants or bookkeepers, what do you need to know?
As a solopreneur, you expose yourself to a wide variety of risks, from environmental to digital. Fortunately, you have access to a wide range of business insurance types, including cyber insurance, to protect yourself and your business against these unforeseen dangers.
When you’re starting a small business—or running a growing one—there are so many expenses competing for your limited dollars that it’s easy to ignore business insurance. Spending money to protect against possible risks in the far-off future seems like a waste of your precious capital.
Congress recently passed the “Tax Cuts and Jobs Act” which impacts both individuals and businesses. Learn what are the two important changes in 2018 that will affect every business owner in the United States.
You’re not alone if you inherited the family business with no formal succession plan in place. About 64 percent of family companies don’t have a written succession plan, while another 19 percent have one “in progress.” Use these tips to find your footing after you’ve suddenly inherited the family business.
The quality of your employees can differentiate your business. So, how can you turn your business into a talent magnet? Consider offering a 401(k) plan. Read more