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Latest articles in Business Performance

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13 Ways to Help Ensure Your Business Compensation is Reasonable

One of the responsibilities that business owners have is to ensure compliance with tax laws. Thankfully, your CPA helps with this complex task, but there are some aspects…

What Are the Main Causes of Business Bankruptcy?

Running a business involves a delicate balance of ambition, strategy, and financial management. While success stories often take center stage, the reality is that many businesses face financial…

How to Maintain a Healthy Business Cash Flow

One of the most common problems of small businesses is cash flow. A business can have all kinds of money coming in each month, but if it doesn’t…

How to Create a Financial Forecast for Your Small Business

Creating a financial forecast for your small business is an essential step in ensuring long-term success and sustainability. A well-crafted financial forecast allows you to predict future revenue,…

Should You Take on a Business Partner?

Starting and running a business is both an exhilarating and demanding endeavor. It involves not only your professional aspirations but also your financial investments. For many small business…

How to Choose The Right Financial Software for Your Business

In years past, small business owners found themselves entering facts and figures into ledgers by hand, which took hours and hours to complete. Fortunately, financial software for accounting…

The Importance of Ongoing Financial Education for Small Business Owners

Whether you have owned your small business for many years or are an entrepreneur who has just gotten started in the business world, you know today's business environment…

How to Apply For Government Business Grants

When you own a small business, every dollar counts. Unfortunately, many business owners don't take this philosophy to heart, leading them to make various budgeting mistakes. While some…

Signs That Inflation Is Here To Stay

As prices on various products and services have risen to levels not been in nearly 40 years, consumers and business owners alike are starting to wonder if inflation…

How The Chip Shortage Affects Small Businesses

As you know by now, the COVID-19 pandemic has resulted in the world's supply chain going haywire. Along with this, it has altered the ability of manufacturers to…

How to Compete For the Best Employees

The current labor shortage is a strange phenomenon. According to the experts, there are millions of jobs available, but not enough workers to fill them. Now, along with…

10 Awesome Resources Every New Entrepreneur Should Know

Do you feel the urge to start your own business? Whether you’re thinking of an online business or something firmly planted in the brick and mortar realm, you’ll…

Intangible Assets

Your business’ assets are one of its greatest strengths. They support your day-to-day operations, can collateralize a loan, and could manufacture inventory. It’s important to track and account…

Customer Value Optimization

Maximizing customer value is an important part of maintaining and growing your business. Your customer value proposition is what keeps existing customers happy and brings in new business.…

Professional Development Plans

Its year-end review time at many companies. Instead of dreading it, or worrying about giving negative feedback, why not turn it into a chance to improve morale and…

Supply Chain Management

As any bookstore owner who’s heard a customer say, “That’s okay, I’ll order it on Amazon,” when a book is out of stock can tell you - supply…

D&B Report Show

Did you know that your business has a credit score? It’s similar to your personal credit score - it tracks missed and late payments, if you’ve defaulted on…

Inventory Management

Do you know how much inventory is in your warehouse right now? If the answer is a shrug, you would do well to learn about inventory management. Businesses…

Cheap PR

Whether you’re big or small, putting together a PR strategy pays off in multiple ways. A press release that a reporter turns into an article could send new…

9 Options When You Have to Cut Personnel Costs

For many companies, personnel and personnel-related costs represent the biggest chunk of their expenses. During this pandemic, companies of all sizes have had to take a closer look…

Cost-Cutting Ideas in the Age of COVID

Companies large and small are struggling in this age of COVID. In Chicago alone, an estimated 4,000 small businesses have shuttered. The Washington Post reports that over 100,000 small businesses nationwide have…

Managing Remote Workers

The skillset most managers develop over time often relates entirely to managing in an office. Stopping by a direct report’s desk to check in, scheduling one on one…

The Challenge of Getting a Small Business Loan

Coronavirus has disrupted the economy, shuttered businesses, and cause major uncertainty for small business owners. For some, it’s been easy to move their business online or continue fulfilling and shipping…

Expanding your Service Business to Remote Customers

If you’ve been relying on word-of-mouth, newspaper advertising, and local networking to bring in new clients, it’s time to expand your thinking. The internet isn’t just for selling…

Social Media Marketing Terms Accountants Should Know

PPC, KPI, if you’re thinking of hiring someone to help market your accounting firm, you might have heard these terms. But what do they mean? There’s no reason…