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5 Things Business Owners Don’t Realize They Need
We've all heard, "You don't know what you don't know." This is particularly true in business, where it can be easy to develop tunnel vision and focus on your own expertise at the expense of the…
Stop Eating Frogs
Mark Twain famously said, “Eat a live frog first thing in the morning and nothing worse will happen to you the rest of the day.” In recent years this has become a particularly popular sentiment…
Constructive Criticism: How to tell when the “haters” have a point.
To start, let's consider "American Idol". (And while we're considering, please also think of a time when you made a terrible decision.) The show "American Idol" has identified and produced many…
Managing Accounts Receivable: Because sales are meaningless when clients don’t pay you.
In order to stay competitive, many business owners find it necessary to extend credit to customers. However, if you offer later payment options, it is crucial that you have a well-developed and…
How much are you paying for your free lunch?
"There's no such thing as a free lunch." Anyone who has taken even the most basic economics course has heard it. But what does it mean, exactly? The "free lunch" idiom is frequently used to…
Success Stories: The client who got a financial makeover
A good deal of the time, business owners don't recognize potential issues within their company until they become real problems. By the time those issues are discovered, drastic actions are required…
How the Service Industry Prepares You for Entrepreneurship
Per the Department of Labor's Bureau of Labor Statistics, service industry jobs in America outnumber manufacturing jobs almost 10-to-1. In 2012, retail and hospitality employees numbered 28.6…
5 Signs You’re Ready to Hire an Accountant
As much as it pains us to admit it, not every small business needs an accountant. In the early days of a start-up, when there are not a lot of entries to be made and cash flow is still in a…
How to watch the NCAA tournament when you’re supposed to be working.
The NCAA tournament starts this week and, with it, millions of workers desiring a way to watch the daytime games. Since most businesses frown on calling out sick with March Madness, many employees…
What makes an owner?
If you're reading this, chances are you want to be a business owner, or you already are one. And, if you're the sort of person who wants to run their own business, it's probably not because you plan…