You’re an entrepreneur who is excited about growing your small business. Maybe you’ve identified the perfect niche market designing websites for local restaurants or installing high-end home security systems. You’re passionate about your company’s services, growing your business, and polishing your brand. Your focus on those elements of your business is really important to your […]
“Always be innovating” — a de facto motto for most entrepreneurs. If you’re not in a constant state of innovation, you could become obsolete. Does that count for a new service line as well? Take it from Toys R Us. The retailer was once a kingdom, carving out a niche in the toy world where even […]
The future of global trade depends on automation tools, and any company eyeing international expansion must invest in this technology. Artificial intelligence, in particular, is transforming international commerce, as companies use intelligent systems to identify ways to increase productivity and distinguish themselves in the market. Increased productivity will drive economic growth in the nations that harness […]
At some point, we’re all new to freelancing. We’re building our portfolios and we’re scrapping for clients. In the rush to sign clients on, new freelancers can easily forget about the administrative aspect of the job. How should you handle invoices? How and when should clients pay? Here are invoicing mistakes that new freelancers should […]
Most freelancers love invoice day. It’s the time when you can finally cash in on your hard work and get paid. While it feels great to get compensated, invoice day can be pretty hectic if you’re sending several invoices and trying to track down clients for payments. In fact, it can take quite a while […]
Nothing is worse the uncertainty that comes with knowing that your cash flow is low when you still have a while until another payment comes in. When running a business, you have so many things to manage. When cash flow runs low, it puts you in a very vulnerable situation. You may have important expenses […]
No one can blame you for wanting to take a summer vacation from your business. The sun is shining, the days are longer, and kids are out of school. It’s the best time of year for a break, but you’re worried that will lead to a stunt in your business. No one can blame you […]
Work from the road– it sounds like a dream, but can more often become a nightmare. Spotty WiFi connections? Dragging yourself away from the beach to your computer? Working across multiple time zones? There’s a lot more to making it work from the road than Instagram would have us believe. If you’re someone who wants […]
Sales keep your business going, but they are arguably not the most important part of your business. Whiles sales mean money in the bank in that moment, what really separates business in the long haul is customer retention. A successful business is about what you do before and after you make the sale. If you […]
Running a business costs money. “You gotta spend money to make money,” the old adage goes. That’s why our businesses have operating expenses and budgets. It’s the money that keeps the ship running, and makes sure that everyone gets paid. But maintaining control of your business operating expenses can be easier said than done. Business […]