Preventing a Cash Flow Crisis

Managing and protecting the cash flow of your small business is pivotal to long-term success- we all know this. The inability to manage the ebb and flow of cash can cripple inventory, negatively affect growth and create a back up in bills that can be hard to overcome. Keep in mind that cash flow refers to the positive balance available …

“Professionalizing” the Family Business

Statistics show that approximately 35% of Fortune 500 companies are family-controlled. At some point, these were all small start-up enterprises who kept it in the family while getting things off the ground. But at some point those mom-and-dad ventures must take on a more professional face, presenting themselves as competition for the big guys. This can be a tough balance …

Best Business Practices for Small Business

You have likely heard of best business practices- outlining the most forward-thinking and highly adapted strategies being employed in the current industry, but here we want to be more specific towards small businesses. What are some of the best business practices or principles that are timeless, and best modified towards supporting small business platforms? We compiled a list!  Stay up …

First time managers? Read on!

Regardless of industry or niche, the recipe for first-time managers is always the same- equal parts exhilaration and total fear! Stepping into the leadership limelight is definitely something earned, though many of the best tricks of the trade are only learned through experience embracing both the exhilaration, and the fear. One of the more unexpected tips that seasoned managers say …

Lessons businesses can learn from the Women’s March

  On January 21st, 2017, people across the globe marched in unison, to advocate for legislation on human rights, immigration reform, healthcare reform, LGBTQ rights, racial and gender equality, work place rights and more.  It was a bold and transformative display of solidarity. Interestingly enough, one of the things small businesses share in common with such a movement is a …

What makes an effective team?

  It’s possible that at one point in time, your business was a one-person show. Though growth and expansion inevitably leads to the building a team, the team that becomes the lifeblood of your humbly built operation. An effective team is like an orchestra- many different instruments, many different players, one piece of music. The success of the song depends …

How to tell your boss they are wrong

  GASP. What? How could this situation ever become reality, the boss is always right…right? Ah, while they may work hard to portray omnipotence, even the best of the bosses can be wrong. So how do you approach them with this delicate news? First and foremost, get your ducks in a row, so to speak. You need irrevocable proof that …

Tips to Being A Better Business Writer

  Writing is writing, no matter the scope. It is of vital importance that your written word (any and all of it) be carefully crafted, professionally presented and grammatically correct. Let’s start small, yet ubiquitous- the email. Emails go out to clients, employees, investors, vendors, and potentials in all of these categories. For many of these situations, your email may …