As a business owner, you have to make a lot of decisions about how and where you spend your hard-earned money. With so many areas of your business demanding resources, you might feel like you can’t afford to spend money on costly strategies that might not even lead to growth.In this post, we cover how…
Since every company’s strengths and weaknesses (and threats and opportunities) are different, there really isn’t a cookie-cutter approach to recommend for successful growth and expansion. But there is one thing that almost all growing businesses have in common, it’s that they’ve dealt with their cash flow issues. They’ve done what they can to avoid unpleasant…
“If you’re like me, being upbeat—let alone envisioning a clear path to huge success—might not always come naturally, but by pushing yourself to think positively, to talk success, you can go a long way to turning success into reality!”Thinking Success Goes a Long Way Toward Being a SuccessIf you picture yourself as someone who is…
A company’s balance sheet, also known as a “statement of financial position,” reveals the firm’s assets, liabilities and owners’ equity (net worth). The balance sheet, together with the income statement and cash flow statement, make up the cornerstone of any company’s financial statements. If you are a shareholder of a company or a potential investor, it…
ByDarrell Zahorsky is a former writer for The Balance Small Business. He is an experienced search engine optimization (SEO) and marketing manager.Darrell ZahorskyUpdated January 20, 2020The elusive dream of business success captures the imagination of aspiring and existing business owners everywhere. It’s a vision of flowing profits, industry respect, thrilled customers, and a balanced life.…
Investing is a way to set aside money while you are busy with life and have that money work for you so that you can fully reap the rewards of your labor in the future. Investing is a means to a happier ending. Legendary investor Warren Buffett defines investing as “…the process of laying out…
It’s the dawning of a new year and you finally have some money to invest. Perhaps you just got a raise. Or, maybe an end-of-year bonus is burning a hole in your pocket. Either way, you need to be smart about investing if you want those extra dollars to count.Shutterstock The problem is, you have…
As a business grows it gains two major advantages over its smaller rivals. Large firms have more influence over market price. They’re big enough to be price setters.Large firms also often enjoy economies of scale. This means that a business has lower unit costs because of its large size. They can buy raw materials cheaply…
ByFull BioSusan Ward wrote about small businesses for The Balance Small Business for 18 years. She has run an IT consulting firm and designed and presented courses on how to promote small businesses.Susan WardUpdated November 17, 2019A balance sheet is a statement of the financial position of a business that lists the assets, liabilities, and…
When it comes to business growth tips, both existing and new business owners have one major common goal when starting out their business and that is to ensure the rapid… Read More »14 Smartest Business Growth Tips for Business Success
Final expense insurance, also known as burial insurance or funeral insurance, is a type of life insurance policy designed to cover the costs associated with a person’s funeral and other… Read More »Planning Ahead with Final Expense Insurance
Term insurance is a type of life insurance that provides financial protection to the family members or beneficiaries of the insured person in case of their untimely demise during the… Read More »Why Term Insurance Could Be the Right Choice for You
Trade insurance, also known as credit insurance or export credit insurance, is a form of insurance that protects businesses against financial losses that can result from various trade-related risks. These… Read More »All You Need To Know About Trade Insurance
Landlord insurance, also known as rental property insurance, is a type of insurance policy designed specifically for landlords who own and rent out residential or commercial properties. It provides coverage… Read More »The Basics of Landlord Insurance
Spaghetti is the pasta of choice for a classic Bolognese or carbonara. Find out how to get the best flavor and texture, and which sauces to serve it with. The… Read More »Complete Guide on How to Cook Spaghetti
Let’s go ahead and repeat what we said up top, because it’s a hard truth: Starting a production company isn’t easy. It’s a lot of hard work. But if you dedicate yourself to it, then you can make it happen. I learned a thing or two after starting a production company of my own in…
Insurance is a crucial aspect of financial planning for individuals and businesses alike. Insurance policies offer protection against unforeseen events and risks, such as accidents, illnesses, natural disasters, theft, and… Read More »Why Insurance is Important: The Basics You Need to Know
HubSpot Academy is an online education platform that offers courses and certifications in various areas of digital marketing, sales, and customer service. The platform was launched in 2012 by HubSpot,… Read More »Unleashing the Power of HubSpot Academy
Each and every economy has to answer 3 fundamental questions: what to produce, how to produce, and for whom to produce the goods and services. All societies need to make a decision regarding the the perfect combination of factors to produce the desired output of services or products. For instance, exactly how much land, labour, and…
Arbella Insurance is a regional insurance company that serves customers in Massachusetts, Connecticut, Rhode Island, and New Hampshire. Founded in 1988, the company has grown to become one of the… Read More »Arbella Insurance: Protection and Peace of Mind for Policy holders
June 4, 2015 6 min readOpinions expressed by Entrepreneur contributors are their own. Being an entrepreneur means that you’ll often blaze your own trail: No career guides, counselors or maps will guide you from one step to the next: You’ll have to make it up as you go. I’ve been an entrepreneur my whole adult life and it’s…
Blue Cross Blue Shield of Michigan (BCBS Michigan) is a non-profit health insurance company that has been serving the residents of Michigan for over 80 years. With a mission to… Read More »A Closer Look at the BCBs Michigan’s Healthcare
Car insurance is a necessary expense for any driver. It provides protection in case of accidents or other unforeseen circumstances, and it is required by law in most states. However,… Read More »The Benefits of Full Coverage Insurance
ISO ClaimSearch is an insurance industry-wide claims database and technology platform that helps insurers and other insurance industry stakeholders to reduce fraud, improve underwriting, and streamline claims processing. ISO ClaimSearch… Read More »The Benefits of Utilizing ISO ClaimSearch for Insurance Claims