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Tips and Resources to Scale Your Small Business

Success

“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. You need to know what your costs will be and whether your business is scalable.”

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2021 tax deduction checklist: 10 expenses small business owners can write off

Ruby

Although it may sound like a ton of paperwork (which, to be clear, it is), this time of year also presents tons of savings opportunities for small businesses like yours. With January in the bag, most small business owners have sent out tax forms to their employees and independent contractors. Or upgrade your equipment.

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3 most common Small Business Administration loans—and which type might be good for your business

Ruby

million strong, small businesses account for 99.9% of all American businesses. To help support these small but mighty drivers of the American economy—which collectively employ more than 45% of the nation’s labor force—the Small Business Administration offers a variety of business loans to help them grow and succeed.

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The No. 1 Mistake That Business Owners Make in Fraud Prevention

Insperity

And small businesses are disproportionately victimized, according to a recent report by the Association of Certified Fraud Examiners. The reasons small businesses are at more risk may be a lack of fraud-prevention resources or a lack of oversight. 1 mistake that business owners make. It has to do with opportunity.

Finance 100
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How Do You Survive When Your Business Isn’t Profitable at the Start?

Success

You will ultimately have more time for your business (not to mention a lot less stress in your life) if you know your own financial situation is secure, even if your business isn’t profitable to start. Have cash reserves for your business—and yourself. But your personal financial plan deserves some attention, too.

Finance 111
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Boost Your Business: 21 Essential Online Tools for Small Business Owners

Launch Work Places

Running a business can feel like trying to juggle a million things at once, which is why leaders and managers need to find the right strategies and support to meet their goals. An essential piece is finding online tools for small business owners that help optimize efficiency , productivity, and communication.

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Small business exit strategy: what it is and why you need one

Ruby

Selling, merging, or acquisitions can all be hard pills to swallow, given that most owners put so much of themselves into the business they nurtured for so long. Nothing wrong with that idea, as long as they have the finances and business know-how. This type of restructuring is a company takeover by its workers.