While we all dream of Tim Ferris’s 4 Hour Workweek and taking time to travel the world on our luxury yacht, the entrepreneurship dream takes a lot of hard work and dedication. Longer Hours If you work 40-45 hours each week during normal business hours, and like it, running your own business may not […]
Cash Basis vs. Accrual Basis Accounting
March 4, 2013 By 3 Comments
When you are starting a new business, accounting may be one of the last issues on your mind. However, when you are getting setup for the first time, it is important to think of the long-term consequences of your accounting method. Cash Basis Cash basis accounting works like it sounds, you recognize income and […]
Vendor Diversity
February 25, 2013 By 6 Comments
One common problem for small businesses is managing their vendor relationships. Countless small businesses have failed because they couldn’t get the supplies or services they need at a fair price. Here are some ideas to best manage your supplier relationships so you don’t end up with problem vendors. Find Multiple Vendors When you start […]
Be Creative to Save on Office Supplies
February 19, 2013 By 1 Comment
Extreme Couponing has become a popular show that shows people how you can save big on things like groceries and household items with coupons. Did you know that deals exist far beyond the grocery store and your company may be able to take advantage? Here are some creative solutions that can help you save on […]
Do You Need a Design Patent For Your Product?
February 18, 2013 By 1 Comment
Applying a solid and effective patent to your products or services is becoming more important than ever. The business world is very cut throat indeed, so you need to be well on your guard and knowledgeable on a range of rules and regulations that are in place. Such topic that has become more prominent of […]
