SME Strategy

APRIL 13, 2023

How do you valuate a small business?

Cash Flow 98

Cash Flow Small Business Assets Implementation 98

Zenefits

JUNE 29, 2022

With tight cash flow and an uncertain market, small businesses can be financially ruined by a disastrous, unexpected lawsuit or accident. In fact, 43% of business owners are threatened with or have been involved in a lawsuit, and litigation can easily cost up to $150,000. What insurance does a small business need?

Small Business 52

Small Business Insurance Compensation Cash Flow 52

Zenefits

AUGUST 3, 2022

Small business owners have a lot on their plate. But who can a business owner speak with for advice on business strategy? Another business owner may have some advice, but do they have the industry-specific experience to answer all your questions? What does a business consultant do for companies? Operations.

Small Business 52

Small Business Human Resources Digital Transformation Cash Flow 52

Zenefits

JANUARY 20, 2023

If your business is growing, it’s time to start hiring help. For small businesses just starting out, it’s often more cost-efficient to bring on independent contractors to complete smaller jobs or help out with things like marketing and sales.

Small Business 52

Small Business Assets Cash Flow Banking 52

Zenefits

JUNE 1, 2022

With the rising inflation rate breaking all records, rising interest rates, supply chain disruption, the ongoing pandemic, and armed conflict in Europe, small businesses are caught between a rock and a hard place. There are a number of actions a small business owner can take to reduce the effect of inflation on their organization.

Cash Flow 52

Cash Flow Small Business Accounts Payable Banking 52

Jackie Nagel

MARCH 27, 2024

There’s something a foot in the entrepreneurial space … And some small business owners are spilling the beans on how they really feel about their business. There’s something afoot in the entrepreneurial space, and some small business owners are spilling the beans on how they really feel about their business.

Cash Flow 52

Cash Flow Small Business Media Benefits 52

Chris LoCutro

APRIL 23, 2024

In this episode of The Chris LoCurto Show, we dive deep into the delicate process of second-generation transitions in small businesses. If they've never been in the P&Ls, if they've never understood the budgeting, the forecasting, if they've never understood what assets you have, what that looks like, cash flow.

Small Business 40

Small Business Succession Planning Operations Assets 40

Jackie Nagel

APRIL 18, 2023

But when a small business owner launches their enterprise, planning is often ad-hoc and focused primarily on surviving day-to-day. Financial planning is a critical process that helps you effectively manage your business’s financial resources. This is especially true for those bootstrapping as opposed to those with funding.

Cash Flow 52

Cash Flow Strategic Planning Operations Succession Planning 52

Zenefits

NOVEMBER 1, 2022

Is yours an established business or a startup with?cash business loan?to working capital so you can meet your daily business obligations. business loan?options business owners. business lines? small business loan , you may be confused about how many and what kinds of loans are available.

Real Estate 52

Real Estate Small Business Cash Flow Business Administration 52

Zenefits

DECEMBER 29, 2022

At this stage, a business has just opened its doors, or it’s growing rapidly. Generally, the economy is good, debt is low or paid on time, and cash flow accumulates. Even small business owners can struggle to diagnose where they are in the business cycle — until it’s too late.

Cash Flow 59

Cash Flow Human Resources Onboarding Retention 59

Peter Winick

NOVEMBER 14, 2022

You’re going to, you know, in the case of onramp, you’re going to help more small business owners be sustainable and reach escape velocity with your working capital solutions. The accountants have intel of small businesses use QuickBooks. The accountant and says to the small business owner use QuickBooks.

Sales 242

Sales Sales Small Business Marketing 242

Zenefits

MAY 15, 2023

In addition, an organized, transparent payroll process helps the company function efficiently and understand its cash flow more comprehensively. Access to accurate information helps businesses at tax time Staying ahead of federal income tax demands is a smart business move.

Compliance 52

Compliance Cash Flow Compensation Revenue 52

Zenefits

DECEMBER 4, 2022

You can still claim an employee retention credit (ERC) if you own a small business and had to partially or fully close because of COVID-19. Your business can claim a maximum credit of 50% of the wages paid to staff in 2020 and 70% in 2021. And, of course, having organized payroll software can help you stay on track.

Retention 59

Retention Cash Flow Government Revenue 59

Zenefits

SEPTEMBER 7, 2022

One of the 1st considerations all HR managers and small business owners need to consider is the limitations of remote work. Businesses were concerned about cash flow and immediate solutions to lockdowns. And to get started, we need to answer 1 important question: What does your organization mean by “remote work?”.

Cash Flow 59

Cash Flow Real Estate Onboarding Benefits 59

Monday Task Management

MARCH 15, 2022

Larger organizations might require more detail — and of course, it depends quite a bit on the preferences of the executives for whom you’re preparing the BSC — but small businesses and startups can generally get away with something relatively simple. For example, the financial metrics this business is tracking are: ROI.

Strategic Planning 52

Strategic Planning Cash Flow Metrics Operations 52

Monday Task Management

MARCH 15, 2022

Larger organizations might require more detail — and of course, it depends quite a bit on the preferences of the executives for whom you’re preparing the BSC — but small businesses and startups can generally get away with something relatively simple. For example, the financial metrics this business is tracking are: ROI.

Strategic Planning 52

Strategic Planning Cash Flow Metrics Operations 52

Monday Task Management

MARCH 15, 2022

You can then customize those rows and drop in your own data to quickly create a suitable P&L statement for your business. If you’re wearing a dozen different hats for your small business or don’t have a full-time accountant to devote to this task, it can be tricky getting started — and time-consuming once you get going.

Revenue 52

Revenue Cash Flow Variable Costs Operations 52

Chris LoCutro

MARCH 5, 2024

And that is this whole idea of this quiet battle that leaders go through especially small business owners, and that is this whole thing of being isolated, and feeling isolated. And you're sitting there, maybe you're in an unhealthy place cashflow wise, within your business. I'm feeling all this stress.

Small Business 59

Small Business Operations Accounts Energy 59

BCW Institute

MAY 2, 2022

And what I saw in the last couple years of my career was working with small-business owners in the computer-dealership network was very rewarding. He based his work off of another open source from Verne Harnish, The Rockefeller Habits , where Verne had those six, but he also had strategy and profits and cash flow.

Operations 52

Operations Cash Flow Nonprofit Manager 52

Zenefits

JULY 27, 2022

As your small business continues to scale, cash flow transparency and accounting efficiency become harder to maintain. The objective for most businesses is to grow revenue, but with your success, you may need to adjust your accounting tool and expense tracking process periodically. Poor cash flow visibility.

Accounts 52

Accounts Accounts Payable Cash Flow Software 52

Chris LoCutro

SEPTEMBER 12, 2023

This business is teaching you a lot of my mistakes, a lot of the dumb that I've done, right of having made stupid decisions, having put myself in bad situations, and leveraging myself in bad ways. So when you walk into a bank asking for money for your small business, who are they going to ask for a signature?

Real Estate 64

Real Estate Assets Cash Flow Banking 64

Chris LoCutro

JANUARY 30, 2024

It's like I was saying, when you don't understand what your capacity is, to accomplish the goal that you're setting when you don't understand, and I'm talking about everywhere, team members, money, cash flow, tools, footprint, right? So for a small business, we might be able to grow 40 to 60%. And we do just fine.

Administration 59

Administration Revenue Sales Sales 59

Chris LoCutro

NOVEMBER 14, 2023

Because a lot of people will push back and say, whoa, whoa, it actually gives me the ability to do things and more things than I could with maybe my normal cash flow. Did any small business owners plan that I'm sure people other people planned it? Like what, what opportunities does debt afford?

Benefits 64

Benefits Banking Marketing Operations 64

Vantage Circle

SEPTEMBER 25, 2020

of small businesses had to lay off some or all of their workers because of Covid-19. It is ideal for times when cash flows are poor and companies want to save money by cutting various kinds of costs till demand picks up.- There's no assurance you're going to get your job back. The other significant differences include-.

Cash Flow 45

Cash Flow Compensation Benefits Onboarding 45