Insights

Cash (Flow) is King

Every business owner needs to pay attention to cash flow. Without money on hand, you can’t afford to make payroll, pay your bills, or make investments that drive your business forward. But if you’re unsure whether your cash flow is positive (“in the black”) or negative (“in the red”), there’s no better time to find out than now.

Do You Need a Business Partner?

Adding a business partner to your company structure is a pivotal, strategic decision that can have positive or negative consequences. Determining whether this is the time to form a partnership depends on several factors, including your areas of expertise, specific goals, and who you’re considering bringing in. Knowing the pros and cons is the key to making the right decision for you and your small business.

The Times They are A-Changin’

The ongoing pandemic has altered, perhaps permanently, what was already a shifting workplace landscape for employers and employees. Especially in service-driven industries, the number of individuals working from remote locations will continue to increase, and that requires a new approach to identifying the best fit for your company.

The Supply Chain and You

If you’ve made any significant purchases lately, it’s likely you’ve encountered significant delivery delays. This is a function of the global supply chain and the many challenges it is currently facing. Here’s what you and your business should know.

Creating a Budget for Your Business: Here’s What to Do

A business budget is like a scoreboard at a sporting event in that it lets you know in real time what your status is. It also lets you plan for the future, knowing when you’re hitting your targets or whether adjustments in strategy are required, and demonstrates longtime viability, which is crucial if you’re seeking investment dollars.

Social Media and Your Business. How to Know if You’re Doing it Right

Social media sites that include LinkedIn, Twitter, YouTube, and Facebook can be a boon for your business, but there is a time and effort cost to producing relevant and engaging content for your audiences. To determine whether you’re getting the ROI you seek, consider these key metrics.

You Want to Work from Where?

Where it was once understood that employees would spend their working hours in an office or some other employer-designated physical space, COVID-19 required a shift to off-site locations, often in the individual’s home, with the Internet connecting co-workers. Now that your teams have worked in both situations, which is the right workplace choice for your business moving forward?

To Hire or Outsource? That is the Question

What may have started as a one-person operation has now grown into a small business that requires additional labor. The options are to hire employees or outsource the work to an agency or independent contractor. Here is some perspective that can help you decide which might be the best fit for your company.

New Year’s Resolutions Your Business Can Keep

We’ve all made New Year’s resolutions, with losing weight, exercising more, and quitting smoking among the traditional favorites. But have you thought about what your business can resolve to do in 2022? You should.

Supply Chain Challenges

Small businesses across industries are feeling the strain from supply chain challenges that have emerged as a result of the COVID-19 pandemic. Among the companies most impacted are those in eCommerce that are struggling to keep up with an increased demand for online goods from people who for health and convenience reasons prefer to shop online instead of in traditional stores.