Families and friends are an important source of capital for many small businesses. However, they are also the riskiest source of funds as personal relationships are put on the line.
Roughly 50% of small businesses fail within the first five years because they do not define their goals and map out their path to success. Learn why planning is important and why you need to prepare a business plan.
With the recession ending, now is the time for small businesses to take action. Let your clients and prospects know that you are alive and well. Here are 5 things that small businesses can do now to prepare for the recovery.
Once you’ve made the decision to start a business, you need to know how much money you really need to start the business and give it a good chance of surviving.
Many small businesses fold up due to poor financial management: inadequate working capital and poor cash flow. Here are 10 ways to improve the cashflow of your small business.