A Small Business Owner’s Guide to Keep Recurring Costs Low
According to a study by U.S. Bank, 82% of businesses in the United States fail due to inefficient cash flow management. This can include poor practices in accounts payable or accounts receivable as well as expense issues in other areas of the business. While managing cash flow is a multivariable problem, keeping your recurring cost […]
Is Founding a Company like Riding a Tandem Bicycle?
Startups utilize business partnerships like suppliers and strategic alliances. It is also common to have a co-partner or founding partner. Having a co-partner can lessen the pressure on one person’s shoulders and finding the right partner could combine strengths that one founder does not have. This individual could be a family member, friend, or partner […]