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On a recent occasion I met a business owner whose company had gone through an agonizing death by a thousand cuts over a two-year process until he finally called it quits. The culprit: Poor accounting policies and practices. The company had implemented rather aggressive accounting practices that Read More

Attitudes to internet shopping are changing for the better and businesses are making more profit thanks to these changes. There was a time when many people did… Read More

Every business has a Chief Financial Officer — the person who has overall responsibility for the financial management of the company. In your business, that person might be you! In a new business, it is not uncommon for the owner to take on all of these duties, but eventually you’ll need to start d Read More

The act of trading goods and services may be as old as time, but it is spiking in popularity as of late. So let's say you are a dentist and your dog needs walking. You trade services, don’t exchange money, and the deal is done, no strings attached, right? Wrong. “Not reporting your barter income ca Read More

As demand increases, companies face a number of challenges, not least of which is controlling cash flow sufficiently to take on new business. With banks still stingy with credit, how can small and midsize businesses access enough capital to take advantage of new opportunities in 2011? Read More

As transparency becomes more prevalent in business, I hope to see more and more of the big magazines, and big websites do some disclosing. Read why... Read More

How to find, approach, and close angel investors.

Who are angel investors?

They are typically entrepreneurs themselves. Angel investors differ from venture capitalists in that they are investing their own hard-earned money into your company rather than that of institutional investors. They u Read More

Taxing small business is an important issue, especially in tough economic times. Small businesses hold the key to economic recovery so lower taxes for everyone Read More

The Small Business Administration is responding to criticism that it has not been proactive in providing financing support to small businesses. With business lending to small companies still awaiting a rebound, owners have been turning to the SBA for help. Many business owners have expressed concer Read More