The Source

Small Business

What to Do If You Inherit A Small Business

5 minute read

October 15, 2018

If you’ve recently inherited business, you probably have an endless supply of questions running through your head. The business world doesn’t sleep, and you’ll need to keep the company running during the transition. But what’s...

Pros and Cons of Hiring Freelancers

5 minute read

September 7, 2018

The gig economy is changing the way people think about work. Instead of logging 40 hours full-time behind a desk, some people juggle multiple jobs at the same time, making their own schedules and choosing...

Cash Flow or Sink: How to Know If Your Business is Heading for a Cash Flow Crisis

3 minute read

August 10, 2018

We understand that as a small business owner, you’ve got so many things on your plate. Managing cash flow on top of everything else can feel a bit daunting! However, if you can recognize five...

How Bad Business Credit Impacts Your Business

5 minute read

August 3, 2018

Opening a new business is a life changing decision; one that has a huge impact on a business owner for the first five years. A considerable amount of work must be accomplished during this period...

4 Ways That Your Personal Finances Can Affect Your Small Business

5 minute read

July 30, 2018

Credit scores, debt, tax issues, and other personal financial matters can hurt your business, so it’s important that you’re aware of them. In this post, we’re going to review how your personal finances can affect...

6 Effective Tips to Save an Emergency Fund as an Entrepreneur

7 minute read

June 12, 2018

No matter how much research you do beforehand, there’s still no guarantee your risk will reap a reward. We’re absolutely proponents of following your dreams, but diving into the deep end is a lot easier...

4 Signs It’s Time to Cut Ties with Your Business Partner

5 minute read

May 28, 2018

Having a business partner can have significant benefits; you can share the workload that comes with running a business, bounce ideas off each other, and ensure that the pressure of success isn’t solely on your...

How to Open a Business Bank Account

5 minute read

May 23, 2018

Opening a business bank account is an important early step in the journey of small business ownership. By doing so, you’ll be able to separate your personal finances from your business finances, which is vital...

Buying vs. Renting a Location for Your Business

5 minute read

May 21, 2018

As a small business owner, you should think carefully about your expenditures. In fact, not making enough money to cover expenses is one of the reasons that many business owners fail.