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The Latest Questions Small Businesses Are Asking

Up and Running

A major cause of business failure is not having enough cash available to cover all startup costs and operate for at least a year. Company culture is defined as the shared values, beliefs and practices of company employees including management. Company culture cannot be dictated by management, it can only be modeled.

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Maximizing Profits in the Healthcare Staffing Industry by Susanne Mariga

Mike Michalowicz

By focusing on reducing human touches and automating the sales and recruitment process, Angelichio and the Judge Group are able to minimize the cost associated with hiring additional internal staff while meeting their market demand in record time! So what does a blooming staffing company need to do in order to implement automation?

CPA 76
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5 Tips For Startups To Avoid A Financial Disaster

YoungUpstarts

Here are five money management tips to keep in mind to endure the first few years of business and come out ahead: 1. Having emergency cash can cushion the blow and act as a safety net while also giving you peace of mind and a sense of security that you have money to pay rent, food, and other personal expenses. Limit Your Spending.

Startup 140
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What I Wish I’d Known Before I Started My Business

Up and Running

I wish I knew: how to manage cash flow. If you have to sell 10,000 more units to cover the cost of an expense, it might not be worth it.”. Not knowing to save 30 percent of my net profit each month to pay quarterly taxes forced me into a perpetual cycle of paying the prior year’s taxes plus penalty fees and interest,” he says.

CPA 108
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Facebook Advertising / Marketing: Best Metrics, ROI, Business Value

Occam's Razor

Compute ROI: (cost of Facebook campaigns + salary of people running campaigns + agency creative costs) vs. profit from incremental product sales. All the things that directly tie to the bottom-line of your company, which you can tie to Net Income driven by digital. An additional prove value scope can also be: Cost savings.

Metrics 165
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Go-Getters Showcase

Mike Michalowicz

Dubbed a “visionary marketer” by the American Marketing Association, Michael’s sole mission is to help entrepreneurs avoid the time drain and frustration of managing profitable digital marketing campaigns. She has studied the practical application of psychology for more than a decade in sales, marketing, and people management.

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5 Critical Things Entrepreneurs Need to Know about Managing Their Company's Finances.

Small Business Force

In early stage companies (and even some later stage or mature ones), there is no one area where most entrepreneurs and small business owners are lacking in just basic fundamentals, than in dealing with their company's finances and financial management. It is understanding what your numbers mean and how to best manage them.

Finance 37