A strong cash flow is one of the cornerstones of a successful small business. However, the cash flow of your small business is threatened by many different situations, some of which may even seem positive at first sight. Here’s what they are and how to deal with them. 1. Growing Too Fast Sure, growing your…
Running a small business is rewarding, but it can also be very challenging. Do these three simple things to prepare for change, improve your current situation, and make sure to keep your small business running smoothly no matter what. Monitor Trends Make a conscious effort to stay current on changes in your industry. The pace…
Some states are taking steps to reactivate their economies, allowing many businesses to resume activities. If you are among the small business owners getting ready for reopening, consider the following four aspects to make sure the process is as straightforward as possible. Your Staff If you had to lay off or furlough employees, determine the…