For the love of your business
For the love of your business
Starting a business is an exciting venture, but it also comes with a plethora of challenges, not least among them securing adequate funding. In a previous article, I discussed the pros and cons of business loans and lines of credit. Here, I’ll cover another funding resource: credit cards. However, the thought of using credit cards […]
Read MoreWhen starting or expanding a small business, one of the most critical decisions an entrepreneur faces is how to fund their venture. Oftentimes, business growth is held back by a sort of “chicken-or-the-egg” scenario in which the business owner needs to hire or invest in a resource in order to grow, but they can’t afford […]
Read MoreEmbarking on the entrepreneurial journey is akin to setting out on an uncharted adventure. It’s filled with unknowns, challenges, and the occasional surprise twist. While physical fitness often gets the spotlight with its glossy gym selfies and trendy workout regimes, there’s a quieter, more calculated player in the game of success: financial fitness. We aren’t […]
Read MoreIn the exhilarating journey of running a business, there’s an often unspoken challenge that many entrepreneurs face – the distortion of one’s perception of money. This phenomenon, referred to by Personal Family Lawyer® CEO and Founder, Ali Katz, as “Money Dysmorphia,” stems from deep-seated, often inherited fears and beliefs surrounding money. When Money Dysmorphia exists […]
Read MoreYou may have heard the term “national debt ceiling” in years past, and if you’ve turned on the news at all in the past few months, you’ve definitely heard it. Although the national debt ceiling extension may feel like something far removed from the day-to-day operations of your business, it can significantly impact your daily […]
Read MoreYour business is your passion, your livelihood, and your legacy. You want to see it succeed and thrive, but sometimes that can be a difficult task. It requires a lot of resources to make your business grow – time, effort, and of course, money. And as a business owner, you know all too well how […]
Read MoreLast week, we explored two real-world ways you can use an AI language model to improve your small business from building efficiency to marketing your brand. This week I’m continuing the discussion to bring you three more ways to use AI to support your business. Plus, I’ll explain when to bring in professional (human) business […]
Read MoreKeeping your finances in order is crucial for the success of your business. Even if you’re running a small operation, bookkeeping is a critical component that cannot be overlooked. While it may not be the most exciting task, it’s important to ensure accuracy to avoid costly mistakes that could hurt your business in the long […]
Read MoreTo run a business successfully, it is necessary to create various financial documents, including cash flow and profit and loss (P&L) statements. Doing this enables business owners to understand their business’s current financial health and make appropriate changes to improve company performance. Many business owners hire accountants to create these documents. Still, it can be […]
Read MoreOne of the main reasons to up your business as a corporation or limited liability company (LLC) is to shield your personal assets from debts and other liabilities incurred by your business. Corporations and LLCs exist as separate legal entities from their owners, allowing the business to acquire assets, enter into contracts, and take on […]
Read MoreGetting your business off the ground can be challenging in many ways. But perhaps the most challenging aspect of launching a startup involves funding your business in the early stages. Getting the cash flowing and keeping it flowing is the lifeblood of your operation. Without cash flow, you can’t pay your bills, hire your staff, […]
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