For a small business, it can be difficult acquiring a new customer, let alone maintaining your current customer base. Often times, we focus so much on bringing in new business that we forget about making sure that the clients we currently have are happy. Customer loyalty is the real key to increasing sales, and ultimately, […]
3 Simple Ways To Improve Customer Retention Read More »
Several elements need to come together to keep a small business running. One of the most important aspects is cash flow, which is the total amount of money, physical or virtual, transferred in and out of a business. Having cash flow consistently into your business keeps your employees paid and the lights on. You need
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As a small business, you need to purchase supplies and items to maintain daily operations. Many times when you purchase an item from a vendor or supplier, they send an invoice, which is a part of your accounts payable process. The accounts payable process refers to a set of practices and policies set by a
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One of the most important tasks of any business is to pay their employees on a consistent and timely basis. However, if you are a small business just starting out, that might be easier said than done. Having an efficient payroll management system involves patience and having an extensive knowledge of state and federal tax
Do You Want To Improve Your Payroll Process? Read More »
You have been running your small business for a few years, and it is becoming more and more profitable. You are excited about your recent success, and you want to develop ways to expand on this success. However, it is important to think about your financial health as well. You want to ensure that you
3 Simple Ways To Enhance Your Retirement Savings Read More »
Effective January 1st, the Corporate Transparency Act is bipartisan legislation designed to root out bad actors using US entities to hide illicit activities. The law requires millions of US business entities to file beneficial ownership information with the Financial Crimes Enforcement Network (FinCEN). Existing companies have until December 31st, 2024 to file their information.