In the midst of the economic downturn earlier this year, I spoke with an operations manager who had received a mandate from his boss to trim payroll costs. He considered reducin
Today we found some stellar articles on increasing your income this year, why you shouldn't engineer your own layoff, and organizing your way to savings in 2013.
Zero percent financing may not be as good a deal as it sounds. Many such deals are simply a bait-and-switch ruse. Even when they're legit, they can wreak havoc with your credit.
A well-run vendor-managed inventory (VMI) program could allow your business to speed up its cash flow by more closely matching your cash outlay for inventory with your cash infl
Working for a large corporation can provide valuable experience, but when it comes to running a small business, following corporate rules could hurt your bottom line.
What should trigger the decision to hire (or designate) an employee dedicated to customer service? If you're running an ecommerce business, your company can benefit from the
Setting up an online billing and payment system isn't just good for the environment. The convenience can speed up cash flow, an advantage for any business.
Growing your business may be your best retirement plan, but it's also important to set aside some personal retirement savings separate from the business. Doing so correctly can
As your business grows, you'll likely have other people paying money out. Tracking those expenses and, if need be, reimbursing them, requires a system that you can sign off on a
Wise Bread articles that are hot today.
Financial Statement Analysis: Recognizing Debt Overload
Business owners can avoid "delayed realization" by recognizing unwieldy debt structures, which could destroy their companies.
Improving Sales Forecast Accuracy with a PERTy Formula
Borrow an estimating tool from the US Navy to help bring your sales forecasts in line with your sales reality.
4 Ways To Negotiate Your Debt When Cash Flow Is Slow
When you owe a vendor more than you can pay, you and your vendor both have a problem. Solve it.
4 Reasons to Cut Hours, Not Wages
In the midst of the economic downturn earlier this year, I spoke with an operations manager who had received a mandate from his boss to trim payroll costs. He considered reducin
Ask the Readers: What Is Your Dream Vacation?
Tell us about your dream vacation and we'll enter you in a drawing to win a $20 Amazon Gift Card!
Best Money Tips: Increase Your Income This Year
Today we found some stellar articles on increasing your income this year, why you shouldn't engineer your own layoff, and organizing your way to savings in 2013.
Ask the Readers: What Is Your Favorite Productivity Tool?
Tell us about your favorite productivity tool and we'll enter you in a drawing to win a $20 Amazon Gift Card!
Is Mobile Marketing Ready for Small Business?
Ten years ago the Web challenged small businesses to market in a new medium. Are mobile devices about to become your next marketing challenge?
Financial Benchmarking: How Do You Compare to Your Competitors
Benchmarking your performance against that of your competitors can propel you to greatness.
Is Zero Percent Financing a Free Lunch?
Zero percent financing may not be as good a deal as it sounds. Many such deals are simply a bait-and-switch ruse. Even when they're legit, they can wreak havoc with your credit.
How to Become the Richest Man in Poughkeepsie
Accumulating real wealth is actually much simpler than most people believe.
How to Use Vendor-Managed Inventory Programs
A well-run vendor-managed inventory (VMI) program could allow your business to speed up its cash flow by more closely matching your cash outlay for inventory with your cash infl
Corporate Rules to Unlearn
Working for a large corporation can provide valuable experience, but when it comes to running a small business, following corporate rules could hurt your bottom line.
How to Staff Customer Service for an Ecommerce Business
What should trigger the decision to hire (or designate) an employee dedicated to customer service? If you're running an ecommerce business, your company can benefit from the
Methods of Measuring Ecommerce Financial Performance
Stay on top of big-picture numbers and periodically dig into the nuances of what drives sales and profits.
How to Set Up Online Billing and Payments
Setting up an online billing and payment system isn't just good for the environment. The convenience can speed up cash flow, an advantage for any business.
Poor Due Diligence Can Cost Money...and More
It's easy to be enchanted by a good lie, but the consequences can be disastrous. Here's how I learned the hard way to always do my research.
Self Directed IRA + LLC = Checkbook IRA
Growing your business may be your best retirement plan, but it's also important to set aside some personal retirement savings separate from the business. Doing so correctly can
Efficient Expense Reports: Building a System
As your business grows, you'll likely have other people paying money out. Tracking those expenses and, if need be, reimbursing them, requires a system that you can sign off on a