Virtually every small business owner worries about money. But in this Covid-19 environment, with such an uncertain future, managing money is even more critical now for your small business survival. So how should you spend your money now? First: a couple of basic things to remember. Cash is king. If the three most significant things …
If I’m Making a Profit, Why am I Broke?
You’ve filed your taxes, right? Or at least filed for an extension? Either way, you had to somehow come up with money to pay the IRS. Ouch! That hurt. Here’s the good news: You run a profitable business. That’s why you owe taxes. But why was there no money in your bank account? Here’s a …
Love Food & Small Biz? There’s An App for That
Many small businesses involve food. The baker, the butcher, the coffeecake maker, and the farmer-in-the-dell are all likely to be small businesses. But as small businesses, most of these food-related companies have the same problem: how does their owner get the cash they need to buy supplies before they actually make sales? Now, there’s a …
