Bad debt is a serious risk for every business. Bad debt is accounts receivable that will not be collected and therefore, treated as a loss. Let’s look at 10 effective tips to help you avoid bad debt in business.
8 Tips to Grow Your Business With Social Media, Voice Search and More
If you want to attract more website traffic and customers, it’s essential to keep up with the very latest digital marketing and other business strategies. As Google, social media and other platforms constantly change, you need to keep up in order to stay ahead of the competition. Here are eight tips to help you grow your business.
5 Tips to Prevent Cash Flow Problems in Your Small Business
Maintaining healthy cash flow is one of the most pressing challenges faced by small businesses. You need a consistent flow of cash to meet your payroll obligations, pay bills, invest in inventory and a host of other everyday expenses. Here are five tips to help you prevent cash flow problems and improve the overall health of your business.
Costs of Starting Your Own Trucking Business
Create a Trucking Business Plan
So, you’ve decided to start your own trucking business. You’re tired of “working for the man” and you want to be the master of your own destiny. You have your own truck lined up, a few years of experience, a customer that wants you to haul for them and you have some money put away to help get you started.
You have done the research in the trucking industry; spent hours online and checked out dozens of websites including OOIDA, DAT, Tucker’s Report and more that explain authority, insurance (truck/health), profitability formulas, load boards, ELD services, compliance, taxes, etc. You’ve talked to some other drivers that either currently have their own business or used to. A family member has agreed to help you out by handling paperwork and assistance managing the load boards. You’re all set! Read more
Have Bad Credit? How to Still Get Funding for Your Small Business
Your business credit score has a large impact on your ability to get funding for a small business. This is a major obstacle for anyone with bad credit. It’s also a problem if you don’t have much credit history at all. Banks are reluctant to take any risks when it comes to lending money to businesses without strong credit.