Using a business credit card can really help you manage cash flow and even offset some of the startup costs surrounding your venture. Still, credit cards are like short term loans. You borrow against your credit limit but you’re also expected to pay back what you spend in addition to interest. Just like with personal […]
If you’re an independent contractor or freelancer, you’ll love having the ability to set your own hours and rates. You may also find it a little awkward to negotiate with clients and ask for more money. Knowing how to ask clients for a higher rate is not something we grow up learning about. Most of […]
From 2015 to 2017, the number of connected homes in the U.S. grew from 17 million to 29 million, according to data from McKinsey. That growth is expected to keep rising, with experts predicting that the smart home market could surpass $158 billion by 2022. However, it isn’t just homeowners who are benefiting from home […]
The saying goes, “we are only human.” You usually hear that when someone makes a mistake. This human error is often attributed to common human behavior where certain factors like mental distraction, physical exhaustion, or lack of skill or knowledge lead to a mistake. We never hear that technology makes a mistake, though. Although some […]
It may sound old-fashioned in an age of online investing, but everybody needs to have uninvested cash – at least a little. But the problem is interest rates. They’re still at historically low levels in all the usual places, like local banks. That’s why we need to take a close look at the two best […]
Accepting online payments and multiple forms of payment is the norm for most small businesses today. The few business that don’t accept multiple forms of payment are no doubt missing out on additional sales and revenue. We already know that people want to pay for goods and services that offer convenience and value, but it’s […]
One of the biggest problems faced by businesses today is maintaining liquidity or access to public funding. This is most true for startups, which often take funding from wherever they can get it in order to bring their business plans to life. Small business loans and private equity or venture capital firms tend to be popular sources, […]
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 […]