To celebrate Small Business Week, we are posting five days of Five Minute Finances. Today we are looking at the concept of the average collection period and how to calculate this crucial business indicator. Spend five minutes calculating your average collections period and access your money faster. Read More
In this first on a series on the key figures and thought leaders in the emerging Top 100 Crowdfunding industry, David Drake spoke with Arnon Shafir, CEO and founder of give2gether. Read More
1. Create a strong business plan and vision of your idea, outline what your company, product and campaign is all about. The likely hood of achieving crowdfunding success becomes much higher, if you have the ability to clearly show your vision to potential investors. When you show a strong belief al Read More
The primary purpose of any campaign must be clear to the organizer. This is important in crowdfunding as well, knowing this basic element will help you in determining which crowdfunding platform is the best for you. For example, there are very specific niche communities for specialized individuals. Read More
Just across the pond in the UK, another start up has used the power of equity crowdfunding to raise the much needed capital to expand their offerings. Humble Grape has surpassed their initial goal of £250,000 ($450,000 CAD) and is still collecting capital in excess of £330,000 ($615,000 CAD). That Read More
The difference between cash and accrual accounting is important to understand, whether you plan to handle your own financial statements, or hire an outside professional. Read on to understand the implications of using each accounting method.
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States can fund infrastructure, healthy, public safety, education, and more. But are the services you receive worth what you pay in taxes? Read More
There is a federal gas tax and a state gas tax and the federal gas tax hasn't been raised in 20 years. Would a gas tax hike raise gas prices? Read More
Small businesses in the middle of growing can hit problems should a potential client ask for something outside the bounds of their available inventory. Alternative capital is a potential solution to this problem. Read More
Most people don't understand money. It's not an easy subject. You would assume that because everyone uses money there is nothing complicated about it Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!