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This Article aims to inform young entrepreneur how to handle the finances of their business. It is a good read especially to those who are new to the industry Read More

Building a large, resource-intensive company does not have to require substantial start-up capital. This article shows how large companies think about money in order to minimize their risk Read More

This week, Peter advises Rob in Dallas – a small business owner – about unpaid payroll taxes. In trying to deal with tightened cash flow, Rob has spent his firm’s payroll taxes in hopes of funds being available when the money was due to the IRS. Now that it is due, he doesn’t have the funds any longer to pay the IRS. Peter talks about this issue in detail. Read More

Every once in a while many company finance teams evaluate the profitability of your customer base. One of the important criteria is a measure called days sales outstanding or DSO. Read More

Three big tips that will help you test your business idea and make sure it's a winner. Don't go into a business without knowing whether or not it has a chance to succeed Read More

Recently someone gave me feedback about one of the ads on my blog. The feedback was very pertinent, saying that the ad looked scammish and gave a bad impression of my blog. The ad was about some easy way to make online $2000-$3000 a week Read More

It may not be right, but the credit scoring system really isn't about your financial responsibility. Which is why you might be penalized when you close a credit card account Read More

The credit unions could provide the funding for small businesses and entrepreneurship now lacking from larger banks if Congress could be persuaded to raise their lending limits. What's your opinion? Would credit unions be a good source of loans for small businesses if banks cannot meet the need and should Congress act on this? Leave your comments below Read More

I want to share with you a an experience I had negotiating a contract. During this process it struck me that even though we know there are no fairy godmothers, we still believe they will take care of us.

My boss had once warned me about taking that approach adding,

"You can lose your shirt if you don’t get your pricing right. But you will lose your business if you compromise on your terms and conditions.

Don’t take shortcuts on conditional as there are no such things as fairy godmothers to bail you out."
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