Category: Running a Business

Protecting Your Personal Assets As a Business Owner

October 3, 2019 Brad Wiewel

Over a million lawsuits are filed in state courts every year. And, according to one source, all of us have a 10% chance of getting sued in any given year and a 33% chance of getting sued during our lifetimes! This is scary information given that being on the losing end of a lawsuit can be financially devastating. As a business owner, you have special cause for concern. That’s because if your business is sued and ordered to pay a… Read More

Freshbooks Review 2020: Is FreshBooks the Right Fit For Your Small Business?

September 4, 2019 Michelle Black

NOTE: This article was reviewed and updated on June 5, 2020. One of the lessons business owners have learned over the last few months, impacted by the coronavirus, is the importance of accurate (and accessible) financial records. A lack of good accounting made it difficult for many businesses to get approved for one of the small business loans that were part of the Paycheck Protection Program (PPP). Post PPP, this will be even more important as those funds are exhausted… Read More

12 Small Business Podcasts That Will Help You Sell More

August 16, 2019 Gerri Detweiler

Running a business is often about setting goals and putting in the long hours and hard work to achieve them. Regardless of what type of business you run, it’s likely that “selling more” has a frequent, if not long-term, place on your to-do list. It’s a goal that requires staying up to date on new techniques, honing strategies, and being in touch with the latest industry news. The sad part? It’s difficult for small business owners, many of whom have… Read More

Cash Flow vs. Profit: What’s the Difference?

July 10, 2019 Susan Guillory

If you’re like 61% of small business owners, you struggle regularly with cash flow. Even if your company is profitable, you can still be at risk of falling into financial demise. How? If you don’t have enough liquid cash (cash flow) on hand to meet the myriad of expenses that come with owning a small business, it can be nearly impossible to keep your long-term financial situation, not to mention your business, afloat. Many business owners don’t truly understand what… Read More

8 Business Travel Tips from Frequent Fliers

July 9, 2019 Barbara Davidson

Traveling on the job might sound like a fun way to see the world, but too much of it can take a serious toll on your health and well-being. In fact, a recent study suggests links between frequent business travel (those with more than 14 nights away from home per month) and health risks such as a higher body mass index (BMI), anxiety, depression and sleep disorders.1 Whether you work in the travel and hospitality industry or are just going… Read More

How to Grow In Your Role as a Business Owner

May 30, 2019 Jennifer Lobb

Becoming “the boss” can be challenging. After all, there’s more to running a business than producing or providing a good or service. Business owners must adapt and grow alongside their business, and in doing so, hone the skills necessary for success -- leadership, communication, industry expertise, etc. The demands of simply running a new business don’t always make growth an easy feat. Improving your business skills is an ongoing process, though in some cases, growth will be inevitable. New challenges… Read More