News outlets and economists are sounding the alarm on the increasing probability of a recession in the US. While very different from Great Recession of 2008, the ground rules for surviving any recession are similar. We are republishing a blog that may provide helpful advice on how to weather the financial storm on the horizon.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
This cost structure analysis example can help you calculate the best way to increase profit for your startup or existing business.... Continue Reading
Posted In: Business Strategies
Contract workers often provide cost savings and flexibility for your business, but employees come with their own advantages. Here are some factors to consider.... Continue Reading
Posted In: Business Strategies
The premise and business model of P2P is fairly simple: People lend money to one another and to small businesses via the Internet.... Continue Reading
Posted In: Business Strategies
Want to know how to write an operations manual for your business without losing your mind? Here's the easiest way to go about it.... Continue Reading
Posted In: Business Strategies
Learn more about financial leverage in this great article.... Continue Reading
Posted In: About Corporations
Fixed costs (as opposed to variable) increase operating leverage, but business owners have to determine whether the fixed cost investment is the right move.... Continue Reading
Posted In: Business Strategies
Too much debt increases the likelihood that a company won’t be able to repay that debt, and it becomes a riskier investment for both debt and equity investors.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
The premise of the break-even analysis is quite simple; it tells us what level of sales we need to reach in order to avoid losses, and thus helps stop us from entering markets where we have no chance of making a profit.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Learn more about Capital budgeting, the preferred means of making long-term investment decisions.... Continue Reading
Posted In: Entrepreneurs & Start-Ups
Percent of sales forecasting can predict and plan for financing requirements that may accompany increased sales.... Continue Reading
Posted In: Business Strategies
Steps to help guide you in setting up a budget for your business.... Continue Reading
Posted In: Business Strategies
Many of us have to make the transition to working for ourselves. Here is some advice on navigating the road to professional independence.... Continue Reading
Posted In: Business Strategies
Learn the basics of cash management for your business.... Continue Reading
Posted In: Business Strategies
Have you have ever wondered how to write a press release for your business? Here's the answer, plus tips on how to make it interesting!... Continue Reading
Posted In: Business Strategies