Do you know how many businesses fail due to poor Cash Flow management? According to a study from the U.S. Bank, 82% of businesses that fail are due to a lack of understanding of the impact of cash flow on their business or due to poor management of it. This gives us an idea of […]
Everyday, entrepreneurs are forced to make decisions that have major impacts on their business. These decision are guided by your intuition, trends, habit, or experience. When making a decision that may not be your area of expertise, wouldn’t it be great to have a guide or a mentor that can help you identify potential risks […]
Your online reputation as a business can either drive or decrease sales, customers, and longevity. Online reviews have become the internet’s word of mouth. Before someone makes a purchase or visits a new restaurant, they will often rely on what other consumers like them have to say about their experience. This is why it is […]
Did you know, someone can hack your cellphone through your chargers and you would never know it! Any 4th grader these days can go to eBay or Hak5.org and purchase what is called an OMG Cable for less than $140. The cable looks exactly like an innocent phone charger but the hacker can remotely execute […]
According to the U.S. Small Business Administration, Arizona is home to 611,097 small, local businesses which account for 99% of the state’s businesses. It is also estimated that these businesses are employers to 1.1 million individuals which represent 43% of the state’s workforce. But why is this important? Well because the success of Arizona’s small, […]
We all want to make an impact in the world. We want to do something that no matter how big or small it is, it will leave the world better than we found it. For example, have you ever noticed how some food and beverage businesses use paper or biodegradable straws? This small change has […]
It’s that time of year when business finances become top-of-mind for everyone as tax season is at our doorsteps. As a reminder, Corporate (C and S) and Partnership returns are due by March 15, 2022 and Individual returns with Schedule C’s are due by Monday April 18, 2022. Here are some things to note as […]
Over the last 2 years the employee population has created a huge shift in priorities. The pandemic caused many to pause and rethink their priorities. What used to be an aggressive career path and monetary increase focuses has moved to an importance on family time and connecting work to career aspirations and passion areas. This […]
As part of Governor Doug Ducey’s Arizona Back to Work Plan, the State of Arizona launched the Back to Work Small Business Hiring and Retention Program to help small, locally owned, or operated businesses hire and retain employees. The grant program funds up to $10,000 in expenditures for employee hiring and retention efforts. There is […]
Financial barriers and struggles are no stranger to small businesses. These challenges can many times have devastating impacts on these businesses leading to closures, downsizing, and restructuring. One of the most harmful financial issues for small businesses is high-interest debt that comes in the form of loans, credit cards, or merchant cash advances (MCA’s). These […]
