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Strategies to Improve Cash Flow Management for Startups

The Startup Magazine

For startups, cash flow isnt just a financial metricits the lifeline of the business. Yet, most small businesses fail due to poor cash flow management. Image source Startups often face unpredictable revenue streams and mounting operational costs, making cash flow management particularly challenging.

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Too Many Small Businesses Still Ignore Social Media

Startup Professionals Musings

When my friend’s small business was struggling a while back, I suggested he add some social media marketing initiatives, and his answer was that he was “too busy.” His business has since closed, but his mindset is still out there. Then continue to measure and learn what works, at what cost.

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7 Easy Ways for Small Businesses To Increase Their Revenue

YoungUpstarts

More revenue. 2017 has been a good year for growing revenue. 69% of small business owners expected revenue growth this year. They expected hearty growth, too: 38% expected revenue to rise by more than 5%. Now every time someone comes in to pick up a cake, the bakery makes double the revenue.

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Small Business Owners: Who Should You Hire for Marketing?

Duct Tape Marketing

Small Business Owners: Who Should You Hire for Marketing? written by Jordan E read more at Duct Tape Marketing When it comes to marketing, small business owners have a big decision to make: who should you hire to get the job done? Cons : The cost is high, and for many small businesses, it’s just not practical.

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4 Of The Best Small Business Tools To Use In 2020

YoungUpstarts

Every investment needs to be carefully scrutinized to ensure it can deliver tangible ROI and positively impact the business. There are a lot of different small business tools out there that can help SMBs maximize productivity, increase efficiency, and run as smoothly as possible. Marketing automation software.

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9 Shipping Tips for Small Businesses

The Startup Magazine

It’s likely that you already know how expensive shipping can be for small businesses. In the early stages of your new e-commerce venture, the expense of various small business shipping choices can add up quickly. This, on the other hand, can severely cut into your revenue. These things don’t cost much.

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4 Accounting Tips For Startups And Small Businesses

YoungUpstarts

In my 15+ years as a startup founder, investor, and advisor — and now in my role as CEO of a bookkeeping and accounting startup — I’ve come across countless businesses whose accounts aren’t accurate or GAAP-compliant because they’re making the same four mistakes: Relying on spreadsheets to track their revenue and expenses.