Published August 08, 2024 by jramirez
Bookkeeping Help Where do you keep your books? In a nook? Or in a box? On a spreadsheet? Or with your socks? Apologies to Dr. Seuss. When I talk to small business owners about bookkeeping, almost no one ever says, “yes, that’s my favorite part!” Small business owners are experts at whatever they do:
Published August 08, 2024 by jramirez
Culture for Breakfast, Employees for Lunch Culture eats strategy for breakfast. Strategy eats marketing for breakfast. Marketing eats sales for breakfast. What are your serving your sales people for breakfast? Culture. If you followed my flashy analogy this far, thanks! I’ve read a lot on culture and its importance, and I am sure
Published August 08, 2024 by jramirez
Small Business, Big Impact Ever wonder how your local coffee shop / restaurant / physical therapy practice got started? If they started and stayed in business, there is a good chance they went to the Small Business Development Center (SBDC) for help. In the past decade, the SBDC has worked with over 1000 small
Published August 08, 2024 by jramirez
The Myth of the Small Business Grant One of the most common questions we get at the Small Business Development Center is about free money for a small business. I am always sorry when I get that question because I always have to give people disappointing news. There are no reliable grants available for
Published July 08, 2024 by Kim Sherman-Labrum
Financial Planning Why is financial planning important to business owners? Additionally, why do managers in your business (sales, operations, etc.) also need to understand elements of financial planning and be involved in the process? Forecasting and planning. Business owners look ahead, they make plans for growth that will shape the future success of their
Published June 03, 2024 by Kim Sherman-Labrum
Understanding and Using Business Financial Statements Financial statements provide information about how well a business’s operations are performing. A business owner uses financial statements to evaluate current and past performance, identify existing financial issues, forecast (budget) future performance, make financing decisions, and more. The two key business financial statements are the Income Statement and
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