Category: Running a Business

Protecting Your Personal Assets As a Business Owner

Protecting Your Personal Assets As a Business Owner

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
Business Checking Accounts – Everything You Need To Know

Business Checking Accounts – Everything You Need To Know

Advertiser & Editorial Disclosure Whether you’re starting a new business or trying to grow an existing business, a business bank account is essential. Learn how to find and choose the best business checking account for your business.  Why you should have a business checking account for your business Whether you’re a freelancer or small business owner with employees, it’s essential that you open a business checking account to manage your income and expenses. It can help in myriad ways: Separate… Read More
FreshBooks Review 2022: Is FreshBooks the Right Fit For Your Small Business?

FreshBooks Review 2022: Is FreshBooks the Right Fit For Your Small Business?

One of the lessons business owners have learned over the last few years, impacted by the coronavirus, is the importance of having 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). Now that PPP is closed, this will be even more important as those funds are exhausted and business owners turn to more traditional… Read More
12 Small Business Podcasts That Will Help You Sell More

12 Small Business Podcasts That Will Help You Sell More

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?

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

Even if your small business is profitable, you can risk running into cash flow problems. How?  If you don’t have enough liquid cash (cash flow) on hand to pay your expenses on time, your business can fall behind on payments. And that can mean higher interest rates or late fees, while slow payments can hurt your business credit scores. Many business owners don’t truly understand what cash flow is when compared to profit, but the difference is essential.  Miranda Marquit,… Read More
8 Business Travel Tips from Frequent Fliers

8 Business Travel Tips from Frequent Fliers

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