Category: Running a Business

The Ultimate Small Business Guide to Financial Health

The Ultimate Small Business Guide to Financial Health

When you feel healthy, you feel good. The same is true of small businesses; being financially healthy allows your business to operate more smoothly and focus on growth, instead of constantly playing catch up.  Here’s how entrepreneurs can understand and create good financial health.  Importance Of Financial Health When asked how business is going, a business owner I know often replies, “I’m still paying taxes.”  But it’s not enough to just be able to pay taxes, make payroll, or even… Read More
The Favorite Point of Sale Systems for Food Trucks

The Favorite Point of Sale Systems for Food Trucks

Running a food truck business requires you to find the best point of sale (POS) system for food trucks. A good POS system lets you streamline your orders, take many kinds of payments, and make the customer experience smooth and simple.  Learn which POS systems are best for food truck businesses in this article from Nav’s experts. What Is POS Software for Food Trucks? A food truck point of sale (or POS) allows food truck businesses to manage orders and… Read More
The Financing Options to Fund Your Small Business Marketing

The Financing Options to Fund Your Small Business Marketing

Small business owners and entrepreneurs have a lot of expenses on their plate, and marketing spend is one that is vital but can add up. If you’re struggling with the cash flow that will allow you to pay for all the marketing costs you need, there’s financing that may be available to you. Learn the top small business marketing tips, how to finance marketing, and the latest small business marketing trends that you might consider for your small business. Changes… Read More
Purchasing Power for Small Business: A Guide

Purchasing Power for Small Business: A Guide

Purchasing power is how much one of your dollars can buy. Small business owners and entrepreneurs usually have a more limited purchasing power than large businesses.  Buying power increases and decreases depending on the state of the economy. The current tough economy has lowered small businesses' purchasing power, but there are steps you can take to increase it again. Learn what purchasing power means for your small business, what determines purchasing power, and moves you can make to boost your… Read More
21 Small Business New Year’s Resolutions You Can Start Today

21 Small Business New Year’s Resolutions You Can Start Today

A new year’s resolution isn’t only helpful as a personal promise — the sentiment can and should extend to your small business. By making business-wide resolutions, small business owners, entrepreneurs, and managers can promote growth, increase the bottom line, and improve company morale. Now it’s time to decide which small business new year’s resolutions to prioritize. Here are the most common new year’s resolutions for small business owners (or startups that are making their debut) that can help create your… Read More
How Student Loan Debt Relief Could Affect Small Businesses

How Student Loan Debt Relief Could Affect Small Businesses

One of President Biden’s biggest campaign promises was to forgive federal student loan debt — a pretty big promise to the 43 million Americans who currently owe the U.S. government over $1.6 trillion for their higher education, according to the Education Data Initiative. So when the Biden administration announced a three-part plan in August 2022 to forgive up to $20,000 of federal student loan debt for federal borrowers who make less than $125,000 a year (for single filers), it felt… Read More