If you’re in the retail industry and have been lucky enough to somehow avoid a slump, then you need to know that it’s coming. It’s inevitable. That’s just how the world of retail works. There will be totally awesome times and there will be some pretty rough times. It could be a poor decision you […]
In a perfect world, a business owner would apply for a bank loan or a credit card. However, the business world isn’t ideal and some firms can’t exploit this avenue. They are the companies with bad credit. Sadly, you can’t run away from it as a bad credit score stays with a firm for a […]
In your personal life, having an emergency fund is sensible for many reasons. You never know when an unexpected expense might arise, and you don’t want it to get you into financial trouble. The same can be said for your business, although you might approach the creation of emergency funds a little differently. Running a […]
Do you need to worry about money when you run your business? The short answer is yes, and the long answer involves several ways that you can handle money effectively so that it never becomes a serious issue. For instance, you might want to think about hiring a business accountant. By hiring a business accountant, […]
Due to the fact that student businesses are primarily part-time efforts (the rest of the focus being on your studies), the idea of needing to outsource might seem a little… big. You might wonder if outsourcing is necessary, or even within your reach given the funds you have available. However, it’s worth reminding yourself to […]
