No two businesses are exactly alike, and that means the journey of every business will be different. But no matter the type of business or industry, there are four common stages of growth that every business will face at some point, each with its own set of challenges. The more prepared you are in advance […]
When it comes to having a successful business, there’s, unfortunately, no magic solution. Every road to success is different, and every business will face its own challenges along the way. But planning ahead, looking for guideposts, and making informed decisions about the future will help to set your business in the right direction. If you […]
Think your business is too small for you to bother with a budget? Actually, every business needs a budget it can stick to, no matter what stage of growth it’s in. Unfortunately, however, a lot of small businesses take a “we’ll-deal-with-it-later” approach to budgeting. This is often because there are too many other pressing issues […]
Want to improve cash flow for your business, but don’t know where to start? Well, we have two things to tell you. First: You’re not alone. Most businesses struggle with cash flow at some point or another, but especially in the early days. In fact, insufficient cash flow is the most common reason why startups and […]
You’ve got the “big idea.” You’ve got the drive. But – do you have the money you need to start that new business you’ve always dreamed about? The first thing you should know is there’s no way of predicting exactly how much money you will need to start a business and maintain it for years to come. There […]
“Reducing risk from a business perspective really comes down to having the right information to be able to make the right decisions.” – Jay Fife, CEO of FusePhase Let’s talk for a moment about something that every business owner must face: Risk. No business owner really likes to think about it, but the reality is our big plans […]