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Accounts Receivable and Effective Collections Best Practices
Many people get confused with the terms accounts receivable and accounts payable. Accounts receivable is basically money that is owed to…
5 Online Payroll Service Benefits for Small Business
We live in a digital world. Pretty much everyone, especially since the pandemic, has become very acclimated to using technology to…
Demystifying KPIs for Small Business Owners
You may know that tracking KPIs, or Key Performance Indicators, will help you to grow your small business. In spite of this, we’ve…
Building a Business Budget in 5 Easy Steps
There are many considerations you need to take into account when you start your business. Things such as marketing, finding new clients,…
Excel Hacks for Your Small Business
It’s hard to believe that Microsoft Excel is currently 35 years old! Excel was launched in 1985 as a user-friendly platform for…
What Every Business Owner Needs to Know About the True Cost of Hiring an Employee
Small businesses are often hesitant to hire new employees even when they need to expand their workforce. The true cost of hiring a new…
Navigating Revenue Milestones: What Changes at $1M, $5M, $10M+
Navigating revenue milestones as a manufacturer: what changes in finance at $1M, $5M, $10M and $20M+, and what to put in place before…
Ways to Raise Capital for Your Manufacturing Business
Ways manufacturers raise capital: bank lines, ABL, equipment finance, SBA 7(a) and 504, mezzanine debt, private equity and…
Common Unexpected Business Expenses
The expenses that catch manufacturers off guard, from equipment breakdowns and surcharges to tax assessments, and how to plan for them…
Milestones of Business Growth and Why They Matter
Many businesses fail before they complete five years and have the chance to achieve key business milestones. The reasons that these…
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