The importance of cashflow
When you own a small business, it’s vital you understand the importance of cashflow. Being how money flows into and out of it. At a basic level, you need to…
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Do you know your break-even point
All business owners need to be aware of their break-even point — that is, the number of units they need to sell in order to cover their operating costs. Once…
Ten daily habits of successful business owners
Here’s a list of ten common habits of successful business owners. Many are simple and straightforward. But as we tend to get caught up in the day to day requirements…
Profitable business but no money in the bank
Some small business owners find themselves in the difficult position of running a business that appears to be profitable but have no money in the bank. It’s an important situation…
Collaboration in the workplace
Many elements are vital to a growing company’s success. A financially-astute leader is one. A confident and motivated sales team well-versed in a company’s product and service line is another.…