We surveyed 213 former small business owners to uncover the most common mistakes, regrets, and lessons learned after business closure — from missed red flags to funding missteps.
Lessons From Failure: What Former Entrepreneurs Want You To Know Show Me More »
Struggling to manage your business finances? Explore five apps offering real-time insights into cash flow, loan costs, currency exchange rates, expense tracking, and project budget management.
5 Must-Have Money Management Apps for Small Business Owners Show Me More »
Improving your business’s cash flow can be achieved by extending payment terms with vendors, essentially obtaining a short-term loan that allows you to retain cash while continuing operations. Effective negotiation strategies, including good communication, understanding the vendor’s business, and offering mutually beneficial propositions, can significantly increase the likelihood of success in lengthening payment terms.
7 Tips for negotiating better payment terms with your suppliers Show Me More »
Selling exclusively to businesses presents unique challenges compared to consumer retail businesses, requiring tailored strategies and tools to sustain revenue and growth. With a focused marketing approach, an effective outside salesforce, personalized interactions with clients, and a proactive approach to product support and innovation, B2B sales organizations can navigate these challenges and capitalize on opportunities for success.
How to Overcome the Challenges of Selling Business to Business Show Me More »
Maximizing cash flow through timely invoice payments is crucial for business success. By implementing practical strategies such as setting realistic expectations, providing detailed price quotations, and establishing clear credit policies, entrepreneurs can incentivize prompt payments and maintain financial stability.
23 Smart Tips to Get Paid Faster (and Minimize Collection Problems) Show Me More »
