The Source

As a small business owner, you have a personal credit score and a business credit score. Your business credit score shows how likely your business is to repay debt. Equifax is one credit bureau that...

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Are you interested in implementing a break even analysis (BEA) for your goods and services? In this post, you’ll learn what a BEA is and how you can use it to determine the best product...

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As a business owner, you’ll need a system to ensure that you're accurately managing your business’s financial information. For many business owners, the general ledger is the foundation of that system. A general ledger should...

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If you've been working from home for a long time, then you may be wondering if it’s time to rent an office space. Or, you may be amongst the business owners that have been forced...

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When you start a business, you may consider yourself an entrepreneur. After all, an entrepreneur is an individual who runs their own business. However, you may be more of a micropreneur than an entrepreneur. This...

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If organizing your business’s finances isn’t a main priority, rest assured you’re not alone. A recent study from TD Bank revealed that 27 percent of small business owners use the same checking account for their personal and...

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Unfortunately, making a consistent profit is challenging for many small business owners. Indeed, 29 percent of small businesses fail in the first five years because they run out of cash. To avoid this common pitfall,...

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As business owner, finding and attracting new customers can be challenging. However, it's even more difficult to keep your customers happy and engaged once you’ve won them over!

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Running a business is exciting, but there’s bound to be trying times. Throughout 2020, business owners have been forced to adapt to COVID-19 guidelines, including social distancing, revised services, and safety measures. Unfortunately, many have had...

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