The Source

Small Business

Sunk Costs: Don’t Let Them Ruin Your Business

5 minute read

January 10, 2020

Regardless of your business's industry, your success depends on your ability to make good decisions. Of course, making good future decisions is easier said than done.

Have Investors? Here Is How To Manage Investor Relations

5 minute read

January 8, 2020

Finding someone to invest in your business is one thing. However, managing that relationship once it’s established is a whole new can of worms.

Does Forecasting Affect Growth? You May Be Surprised

8 minute read

January 1, 2020

A financial forecast is a method of predicting your business's financial outcomes. It uses previous data to create an accurate report of future performance. There are different forecasting methods, but the overall goal is to...

The 6 Best Small Business Blogs for Financial Information

5 minute read

December 23, 2019

Having access to the latest financial information is essential to running a successful business. However, it’s difficult to trust information from unfamiliar sources, which is why it's crucial to find great resources that you can...

6 Signs That Financial Struggles Are Ahead For Your Business

5 minute read

December 23, 2019

When you know the signs of pending financial struggles, you can take measures to correct them. Some situations may only be temporary and won’t need correcting. However, if they happen often, they could cause lasting...

How to Avoid Common Business Accounting Errors

5 minute read

December 21, 2019

Starting a business requires you to fill a variety of roles: CEO, CFO, head marketer, IT department, tax preparer, bookkeeper, and more. There's a learning curve for each of these roles, even if you weren’t...

The Most Important Types of Business Insurance Policies

8 minute read

December 19, 2019

Many small business owners don’t see the need to spend money on business insurance, but this could be a costly mistake. According to The Hartford insurance company, 43 percent of small businesses were hit with...

Business Financing Options Available for Brick and Mortars

5 minute read

November 27, 2019

Despite what you may have heard, brick and mortar stores aren’t going anywhere. From retail stores to a local mom and pop shop, there won’t be a death knell for this class of business anytime...

Risk Mitigation in Your Small Business

6 minute read

November 15, 2019

Owning a small business means taking chances. No matter how much preparation, education and experience you have in your field, internal and external factors can damage your hard earned reputation or hurt your finances. When...