Don’t Operate Your Small Business Like It Is Small!
With 46% of small businesses failing within the first 5 years, they simply cannot afford to operate “small” any longer. Big businesses, aka Fortune 500 companies, understand the value of setting up a business with predictable, manageable systems and having the necessary framework in place to ensure profitable and productive results.
Four Ways to Make Your Business VirtualWith today’s technology, it is now easier than ever to run your small business virtually. I remember reading about a company on the Inc. 500 list a couple years ago that had approximately $46 million in revenue and over 100 consultants but did not have a physical office.
Ideal Frequency of Windows Backup Operations for Personal ComputersThe rule of thumb is that if you have saved files on your computer since your last backup that you don’t want to risk losing, you should take a few minutes and run your backup. It’s also a good idea to use a program to automate these events to prevent the stress and hassle of losing data that is important to you. There are many programs available that can help you with this, and you should take time to explore the options today.
Seven Steps to Build Business CreditBy strengthening your business credit, you will not have to use the owner or shareholder(s)’ guarantee(s) for loans, leases, credit cards and other sources of debt financing. If your company has a strong operating history and financials to support this, you can easily build your business’ credit.
Additional Business Funding Through A Business Line Of Credit OnlineThere are several ways for you to get the business funding you need. One of the most common ways to do so is through applying for a small business loan, given that you have good business credit ratings.