National Small Business Month is a wonderful opportunity to show your support for local entrepreneurs and businesses. Here are 10 ways you can celebrate and support small businesses this month:
By implementing these ideas, you can celebrate National Small Business Day in a meaningful way and contribute to the success and sustainability of small businesses in your community. |
There’s no shortage of financial advice out there for small business owners especially with so much of it circulating on social media. You’ve probably seen the posts that say you should invest more, save less, raise your prices, hire faster or the opposite. The truth is, not every tip applies to every business. What works for one may not work for another, and discernment is key. Look at who the advice is coming from. Are they running a business like yours? Do they understand your industry,...
If your business has a busy season and a slower one, you know the financial highs and lows can feel intense. Whether you're preparing for peak months or navigating the quieter times, good planning makes all the difference. Here are some financial tips to help you manage your seasonal cash flow and set your business up for year-round stability: Use your peak-season income to support slower months. Look at your full-year forecast, not just your high-revenue periods. Put money into a savings...
If you've ever looked at your financial reports and found yourself wondering what EBITDA and net income really mean, you're not alone. These two terms show up often in financial statements, but they tell very different stories. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. In simple terms, it gives you a picture of how well your business is performing from an operational standpoint, before any financial decisions or accounting adjustments come into play....