Small Business
Follow
Find
4 views | +0 today
 
Rescooped by cashflow tuna from Business Improvement
onto Small Business
Scoop.it!

7 Practical Tips To Running an Empowered Small Business

7 Practical Tips To Running an Empowered Small Business | Small Business | Scoop.it

Via Daniel Watson
cashflow tuna's insight:

As the EOY slowly approaches, these few reminders will help every small business end 2013 with stronger cashflow and lower tax liability.

 

Small and medium size business owners without a team of analysts or accountants on hand often wait for the final hour until reality sets in. The brutal reality of not enough sales, spending too much money, and hindsight of a poorly managed staff.  Review the practical tips in theis article to start getting ahead of the game. 

more...
Zahid Yakoob's curator insight, November 27, 2013 9:47 AM

7 Essential top tips to help manage your business through the dark days.. hope it never happens but essentail reading as it covers the basics of running your buisness.

Marc Kneepkens's curator insight, November 27, 2013 6:16 PM

Tips that come from practical knowledge. Every startup should read this.

Jeremy Barton's curator insight, November 28, 2013 10:41 PM

Two things that jumped out at me, Listen to your employees, clients and your market. The other was to reinvest profits to grow your business

Your new post is loading...
Your new post is loading...
Scooped by cashflow tuna
Scoop.it!

What are you doing to improve cashflow in 2014?

Resources from Business Victoria’s seminar that teaches you how to monitor and maintain profitability, increase cashflow and improve how you manage stock, customers and suppliers.

cashflow tuna's insight:

2014 is going to be a great year for small and medium sized businesses. Sales will be up, markets have stabilized, the competition is gone, and taxes have been lowered. 

 

Well, not really. 2014 IS going to be a good year though. I'd say that 85% of my small business loan clients have said they are excited for lots of growth in 2014. More importantly, they are excited to manage their cashflow through developing a culture focused on keeping costs low and managing expenses. This presentation is a quick "how-to" for every small and medium sized business owner to read. 

 

Think about it.  Before 2008 people weren't concerned with managing their expenses because growth was the only thing on the horizon. Hindsight kicks in and a light bulb turns on to the thoughts of how much they could have saved to invest in growing their business, improving cash flow, or maybe even some of that retirement stuff. 

more...
No comment yet.
Scooped by cashflow tuna
Scoop.it!

From Global Finance to Intimate Apparel Andrea King Puts Her Savvy to Work for Women | Seven Days

From Global Finance to Intimate Apparel Andrea King Puts Her Savvy to Work for Women | Seven Days | Small Business | Scoop.it
Vermont's alt-weekly newspaper on the web, featuring Vermont music, news, politics, movies, food, apartments, jobs, dating and videos.
cashflow tuna's insight:

A question small business owners often come across is "how did you get into your field". The stories are usually quite interesting. Learning how some individuals completely change paths and find independance in an entrepreneurial endeavor. 

more...
No comment yet.
Rescooped by cashflow tuna from Business Improvement
Scoop.it!

7 Practical Tips To Running an Empowered Small Business

7 Practical Tips To Running an Empowered Small Business | Small Business | Scoop.it

Via Daniel Watson
cashflow tuna's insight:

As the EOY slowly approaches, these few reminders will help every small business end 2013 with stronger cashflow and lower tax liability.

 

Small and medium size business owners without a team of analysts or accountants on hand often wait for the final hour until reality sets in. The brutal reality of not enough sales, spending too much money, and hindsight of a poorly managed staff.  Review the practical tips in theis article to start getting ahead of the game. 

more...
Zahid Yakoob's curator insight, November 27, 2013 9:47 AM

7 Essential top tips to help manage your business through the dark days.. hope it never happens but essentail reading as it covers the basics of running your buisness.

Marc Kneepkens's curator insight, November 27, 2013 6:16 PM

Tips that come from practical knowledge. Every startup should read this.

Jeremy Barton's curator insight, November 28, 2013 10:41 PM

Two things that jumped out at me, Listen to your employees, clients and your market. The other was to reinvest profits to grow your business

Scooped by cashflow tuna
Scoop.it!

The 6 Skills That Made These 6 Top Entrepreneurs Successful - Business 2 Community

The 6 Skills That Made These 6 Top Entrepreneurs Successful - Business 2 Community | Small Business | Scoop.it
cashflow tuna's insight:

As small business owners we float right past these ideas every day, and I would bet that most of us do not regularly take them head on for what they really mean. Reading about how top business leaders use these skills is quite inspirational. 

more...
No comment yet.
Scooped by cashflow tuna
Scoop.it!

Business Loans – What Lenders Look for and Tips for Winning Them Over | SBA.gov

Business Loans – What Lenders Look for and Tips for Winning Them Over | SBA.gov | Small Business | Scoop.it
cashflow tuna's insight:

Nice article about business loans. In addition to the topics they review make sure to keep in mind that the bank is working for you. If they are a difficult partner, find a loan broker who can help you source the necessary capital you need. Often times they will have access and knowledge of resources that you may not have thought of. If you are spending too much time begging the banks for money, who is running your business? 

more...
No comment yet.
Scooped by cashflow tuna
Scoop.it!

8 Signs You’re About To Hire The Wrong Person

8 Signs You’re About To Hire The Wrong Person | Small Business | Scoop.it
Employees who don't work out leave a trail of lost productivity and steep turnover costs. Watch for these 8 signs to make sure your next hire is a good fit for your company.
cashflow tuna's insight:

8 signs are great. But once you hit the 2nd or 3rd red flag I think it's time to cut ties. Waiting to find the right person is ALWAYS less painful than hiring the wrong one! 

more...
No comment yet.
Scooped by cashflow tuna
Scoop.it!

5 New Tax Laws That Can Cost Business Owners Dearly

5 New Tax Laws That Can Cost Business Owners Dearly | Small Business | Scoop.it
New tax laws create concern. Make sure you aren’t caught off guard and have taken them into account so you won’t be penalized. Start now.
cashflow tuna's insight:

What happend to all of the money you made this year? This is the first question I ask new clients that come to my group for small business loans, merchant finance, or lines of credit. It's often met with a bit of a silence... 

 

Managing your expenses, taking advantage of savings opportunities, and driving revenue are all equally important. What you will find dealing with small and medium sized businesses is that the focus is on easily controlled measures and areas of expertise. The later of the two is of course understandable but this is no excuse to completely ignore areas that we can not control and/or do not have expertise in.

 

Taxes can be a businesses largest expense, and much like all other expenses we need to view them as controllable. If this means hiring a professional, then do it! Even if it's asking a favor from your family friend, or college roommate that is now a CPA. Just like how we should prepare for future business growth with a solid team and infastructure, we need to structure our business and expenses in a way that helps us control our tax liability. 

 

cashflowtuna.com

more...
No comment yet.
Scooped by cashflow tuna
Scoop.it!

Why your social media campaign is hurting your business this holiday season!

Why your social media campaign is hurting your business this holiday season! | Small Business | Scoop.it

If you own a small business, you've been told that you need to get on Facebook, get on Twitter, and create a presence for your brand in order to compete in today's digital landscape. But how will you ever find the time to build a social-media campaign on top of everything else you need to do? What if you say the wrong thing? What if you get negative feedback? What if nobody follows you?

cashflow tuna's insight:

Attention Small Business Owners: Use this infographic to take  a deep look into your social media strategy for this holiday season. Are you talking to the right people in the right way? If not, you risk damaging your relationships and losing the credibility you've worked so hard to build over the years. 

more...
No comment yet.
Scooped by cashflow tuna
Scoop.it!

Holiday Customer Service: Get Yours in Shape Now

Holiday Customer Service: Get Yours in Shape Now | Small Business | Scoop.it
A list of holiday customer service tips to get your business’s customer service in shape for the holidays. Get started now before it's too late!
cashflow tuna's insight:

A few simple reminders to make sure you WOW your customers this holiday season. I would print this brief article out and share with your managers and assiciates. This holiday season is geared up to be one of the most social holiday shopping seasons ever. Make sure your customers have nothing but good things to share! 

more...
No comment yet.
Scooped by cashflow tuna
Scoop.it!

How Do Your Holiday Retail Marketing Plans Stack Up?

How Do Your Holiday Retail Marketing Plans Stack Up? | Small Business | Scoop.it
If you're wondering how your holiday retail marketing plans stack up, take a peek at the tactics that others are planning to incorporate in their marketing.
cashflow tuna's insight:

Are your holiday plans the same as last year? While things are better for smaller retailers you may want to make sure you are more focused and prepared than you have been in years past. Get cozy with the neighborhood business development groups, secure your online strategy, and keep in mind that you can never start the push too early. 

more...
No comment yet.
Scooped by cashflow tuna
Scoop.it!

Frank & Oak Ups Its Brick-And-Mortar Game As It Hits 1 Million Members | TechCrunch

Frank & Oak Ups Its Brick-And-Mortar Game As It Hits 1 Million Members | TechCrunch | Small Business | Scoop.it
Online menswear retailer and subscription service startup Frank & Oak is opening two new retail stores, including one pop-up shop coming to Toronto..
cashflow tuna's insight:

It will be exciting to see how Frank & Oak execute on their Brick and Mortar strategy. Other online businesses like Bonobos and Nasty Gal(opening soon) are relying heavily on their retail stores to drive significant growth for their companies. The key is to utilize the stores to improve on customer experience, listen to real time feedback, and build real life relationships with their customers. 

more...
No comment yet.