More profit, less loss Budgeting is important for a small business owner because it helps determine whether you are truly making a profit. It is wise to make smart estimates and match your expenses to your revenue, so you do not spend more than you bring in, or the contrary, not spend enough to grow your business. Although every business owner will have their own way of budgeting, common factors to consider include but are not limited to payroll, inventory, rent or mortgage payments, utility bills, taxes, insurance. Feeling a bit overwhelmed? Follow these easy steps to become a budgeting expert. Write it … Continued
How Funding Can Improve Your Retail Store
t’s all about the customer experience By: Leah Virzi Working in retail. Some people love it, and some people hate it. It all depends on the type of store you are running and the experience you are willing to provide to your customers. Regardless of your situation, funding can always give your store an extra boost. But what exactly is available to you and what can you use it for? There are so many ways you can use funding to improve the quality of your business, which will bring in more customers and increase your monthly revenue. Inventory! How much is … Continued