Category: Running a Business

8 Books for Small Business Owners

As a small business owner, there's always something to learn. You're likely an expert in the subject matter of your business, but in the course of starting, running, or scaling a business, there are myriad lessons waiting for you. Fortunately, there are people who have done it before, and have taken the time to write down their words of wisdom for you to learn from. Here, in no particular order, are eight books for small business owners. 1. ReWork: Change… Read More

How to Hire Your First Employee (& When)

Congrats! Your small business is growing, and you’re starting to consider if it’s the right time to add on to your talent pool with your first, real hire. Up until now, you may have been relying on your own hard work, independent contractors, or even family members to get all the necessary tasks in your company accomplished. So, how do you know when you’re ready to take the plunge and raise your status to legal employer? These guidelines may help.… Read More

What is FinTech and How Does it Impact My Small Business?

The FinTech Revolution is bringing in billions in investment capital into the commercial financial series space, with faster access to capital, faster payment processing technologies, risk transfer services, along with integrated technologies that combine multiple areas of a business into one centralized managed function. We are truly living in the new wave of innovation that going forward will change the way we all live, bank, collaborate, and operate our enterprises forever. This new wave is fundamentally changing the financial services… Read More

What to Do if Your Small Business is Robbed

So you've managed to grow your business with consistent revenue, a good name in the community, and a trustworthy, friendly staff. All of this is helping to bring more customers in the door, and everything is going great. But then one day, some deadbeat looking for a fast track to cash decides they are going to rob your business, putting not just yourself, but potentially your employees and customers in harm's way. Your Location Being A Potential Target A recent… Read More

Should I Expand Beyond a Sole Proprietorship?

Like many business owners, you’re probably pumped about your business right now. Your cash flow is good, you’re looking to hire, and you’re expecting to keep growing over the next year. If you’re a sole proprietor, incorporating your business could help fuel your growth even faster. However, deciding whether to incorporate could completely change the course of your business, so it’s best to do your research and figure out what’s best for your company. Here’s what you may want to… Read More

How to Win a Small Business Grant

When Rachel Irons won Nav’s first small business grant for her company Founding Foods,  it wasn’t just about the money. “To have a much larger company choose us and trust us with with such a sum of money felt incredibly validating,” she explains. “All the hard work we've been putting in was recognized and appreciated and that was just the best feeling.” At the same time, she recognizes that the money she won will be immensely helpful to her business.… Read More