9 Tips for Managing a Remote Team Effectively Amidst Coronavirus Shutdown
Whether you’re a proponent of remote work or staunchly against it, it’s now very much the reality for workers and small businesses across the country and the world. The coronavirus outbreak has forced many businesses to pivot, making work from home...
How to Start a Vending Machine Business
If you’re looking to start a new business that requires minimal-to-no special skills, prior experience or training, a vending machine business could be a great fit. Running a vending machine business offers greater flexibility than other small businesses because it...
How Much Does PayPal Charge? Personal and Business PayPal Fees Explained
The PayPal of today looks nothing like it did at its start. Once a simple, online money transfer service associated mainly with eBay, PayPal has since become a juggernaut in the financial services space. PayPal now offers a whole slew...
How to Write a Job Description
Drafting a powerful job description is essential when you’re trying to hire the best and most qualified candidates for your company. The key to writing great job descriptions is to craft the right balance of providing enough detail so candidates...
7 Ways Businesses Are Pivoting in Response to Coronavirus Outbreak
Over the last few weeks, life as we know it has fundamentally changed in response to the coronavirus outbreak. Business is no different. All around the world, small business owners are scrambling to find solutions to keep their businesses up...
9 Tips for Building a Better Business Budget
If you don’t plan, you plan to fail. Nowhere is this truer than in small business budgeting. You need to know exactly where you stand in terms of the expense budgets you must adhere to and the income budgets you...
How to Promote Your Business: 30 Small Business Marketing Ideas for Any Industry
Establishing the foundations and fundamentals of your small business is obviously the first step you should take as an entrepreneur. But shortly after establishing yourself, you’ll quickly figure out you need to market your new business. However, many well-known marketing...
How Does My Personal Credit Affect My Business?
Applying for a small business loan is stressful enough without the prospect of bad credit throwing a wrench into things. Without strong personal and business credit scores, you’ll probably get stuck with unfavorable terms — if you get a loan...
Accounts Receivable Turnover Ratio: What it Is and How to Calculate
A very important concept for a business of any size is accounts receivable -- or the balance of money due for goods or services sold to customers that have not yet been paid for. Accounts receivable is considered a form...
What Is an LLP? Limited Liability Partnerships Explained
You might not be aware but businesses that are organized as a limited liability partnership, or LLP, are quite common. Just think about companies you’ve seen or heard of whose name is a series of last names, such as “Smith, Jones...