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Top Financial Resources for Small Businesses in Northwest Phoenix

The Startup Magazine

Running a small business is no small featespecially when it comes to managing finances. Luckily, if you’re in Northwest Phoenix, you’re surrounded by tools and experts ready to help you take your business to the next level. Small Business Development Centers (SBDCs) are another must-know resource.

Phoenix 148
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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

Maybe because they have often been called the backbone of the American economy, small businesses are among those with the heaviest burdens to bear. The sad reality is, some of these small businesses may never open their doors again. The odds were always difficult for small businesses even before the pandemic.

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Guide: How To Become A Freelance Lawyer

YoungUpstarts

For example, personal injury lawyers help people to seek compensation after suffering an injury due to someone else’s negligence. The Small Business Administration has a handy guide to the various options available. Finally, make sure you either hire an accountant or sort out some appropriate accounting software.

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5 Free Platforms Entrepreneurs Should Be Using To Manage And Streamline Their Business

YoungUpstarts

There are many helpful resources for budding entrepreneurs and small business owners and my first recommendation is to start with the U.S. Small Business Administration , it’s a helpful website that can guide you through the ins and outs of establishing your business.

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Vital Tips For Small Businesses And Entrepreneurs During Covid-19  

YoungUpstarts

by Wayne Titus, author of “ The Entrepreneur’s Guide to Financial Well-Being “ Entrepreneurs and small business leaders are trying to figure out how to navigate COVID-19, from how to apply for loans and assistance to FMLA regulations. Now it’s time to consider your small business in the same light.

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6 Reasons Your Small Business Will Fail (And How to Avoid Them)

Up and Running

According to Small Business Administration research , only half of new businesses survive for the first five years and only one-third of new businesses are able to survive for 10 years. We can also conclude that about 65% of new businesses don’t make it to the ten-year mark. Poor Financial Management.

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The Entrepreneur’s Accounting Cheat Sheet

Up and Running

According to a study undertaken by the Small Business Administration , 28% of companies go bankrupt due to problems with the financial structure of the company. Keeping a record of your financial details IS important to the livelihood of your business.