The Source

This week in The Source

The Pros and Cons of SBA Loans

5 minute read

September 21, 2020

If your small business is unable to secure financing from traditional lenders, you may want to consider applying for a Small Business Administration (SBA) loan.

Working Capital

How to Calculate Working Capital Through Your Balance Sheet

5 minute read

August 28, 2020

To understand your business’ financial health, there are numerous metrics you’ll need to understand, such as working capital.

Small Business

Pros and Cons of Cold Calling

5 minute read

July 31, 2020

When promoting your small business, you’ll probably try different strategies. From email marketing to sponsored social media posts, there are many ways to market your business and recruit new customers.

Small Business

Pros and Cons: Five Business Internet Service Providers

17 minute read

March 15, 2020

Regardless of your business's industry, it's likely that you depend on access to high Internet speeds. Whether you download files, stream audio and video, or run software, reliable internet service providers are essential to your...

Small Business

Compare and Contrast: Invoices vs Receipts

5 minute read

March 15, 2020

Regardless of your business's industry, a basic understanding of accounting is critical. However, to get that understanding, there are many details you’ll need to learn about. One of those details is financial documentation.\n\n\nIn accounting, there...

Small Business

The Importance of Calculating Your Inventory Turnover Ratio

5 minute read

March 14, 2020

If you own a business and have noticed struggles relating to sales, you may wonder what to do to improve. One of the most common pain points for retail businesses is improper inventory controls. Knowing...

Small Business

The Importance Of Silence In Negotiation Tactics

5 minute read

March 11, 2020

Susan Cain examined society’s bias towards extroversion in her book, Quiet: The Power of Introverts in a World that Can’t Stop Talking. She highlighted how, particularly in business, we idealize the extrovert. The person who's...

Marketing

Pros and Cons Of Hiring A Digital Marketing Agency

5 minute read

March 11, 2020

Whether you’re starting a business or you’ve been running one for years, you know the importance of marketing. In today’s online world, digital marketing is likely a major component of your overall strategy.

Small Business

Pros and Cons Of Starting A Subscription Box Service In 2020

5 minute read

March 9, 2020

A decade ago, most consumers didn’t know what a subscription box was. There were some early adopters in this market, such as The Sampler, an art-based subscription, which started in 2004. However, the trend really...