Even the most passionate and experienced business owners often overlook many of the accounting aspects of running a business. However, keeping your business’ finances in order is no easy task. When significant financial mistakes are made, it will not matter how qualified your employees are, or how many loyal customers you have. Your business can end up in trouble. The …
Hurricane Season Tips for Small Businesses
Earlier this year, experts predicted this year’s Atlantic Hurricane Season would range from “slightly above” to “above” average, but now some are forecasting a “normal” season. These changes can be contributed to predictions of a mild El Niño and a cooling central tropical Atlantic Ocean. Regardless of the less serious forecasts, all small business owners should have a plan in place …
What Things Scare Small Business Owners the Most?
Being a Small Business Owner Owning a small business is exciting. Being your own boss and calling the shots is something most people strive to attain. While exciting and wonderful, business owners still face fears when specific tasks are outside their area of expertise. Which tasks terrify most small business owners? Raising Startup Funds It can be scary to borrow …
Cryptocurrency: A Beginner’s Guide
First of all, what is cryptocurrency? Cryptocurrency: a type of digital currency that falls somewhere between cash and credit cards. The inventor of Bitcoin, under the alias Satoshi Nakamoto, intended to create an electronic decentralized cash system, looking for a way to avoid double-spending. A cryptocurrency consists of a network of peers where every peer has a record of the …
What is an Entrepreneurship? What is an Entrepreneur?
The word entrepreneur comes from the French word “to undertake.” Entrepreneurs are people who take risks by organizing and operating a business, taking on more significant financial risks with the goal of economic profit. Starting an entrepreneurship is a great idea! Why Becoming Your Own Boss is a Great Idea Entrepreneurs are the heart of the US economy. Behind every …