As a business owner, you understand the importance of having accurate financial records and strong internal controls to ensure the security and stability of your company. However, managing these tasks can be time-consuming and overwhelming, especially if you need a dedicated financial team or are
Washington Law Requires Salary Range On Job Listings
The pay transparency law in Washington State requires employers to provide the salary range on job listings and advertisements. Most Washington employers now must provide salary fields on job listings, promotions, and recruitment tactics. The law also dictates that employers disclose pay information
Keeping Your Startup Afloat When Investment Funding Is Drying Up
You've probably heard a lot about how investment funding is slowing down for startups. It's true – the numbers don't lie. It might seem bad news, but it doesn't have to be. There are many reasons why this could be a good thing for your startup. How to make your startup thrive in this
Effective Ways Of Dealing With Customer Churn
When running a business, an essential element for maximizing profits is your company's ability to attract new customers (while maintaining the old ones). However, all companies experience some level of customer churn, which lowers their revenue and profit margins. Customer churn is the number of
When to Quit Your 9-to-5
"An entrepreneur is someone who jumps off a cliff and builds an airplane on the way down." This adage is the startup world in a nutshell. Things move at terminal velocity and you need to think quickly. While there are people who save and meticulously plot out the next 5, 10, 15 years, arguably, most
Passive Income Ideas To Rapidly Transform A Hobby Into A Career
Passive income is the dream. It's a great feeling to know you're generating income in your sleep. For some, it's why they get into the stock market, website development and real estate. And in today's economy, there's no better time to start. There are various reasons why you might be looking for
The Ideal Small Business Budget Breakdown
A budget breakdown is one of the most crucial segments of a business plan. It is a skill that every small business owner needs to stay informed on the sales cost, reinvestment budget, and to know when you are financially ready to bring in employees into your business. Setting a budget also enhances
What is Mark to Market Accounting?
If you owns a small business, then you're most likely always pushing the limits for further profits and opportunities within your company. If that is the case, then learning this concept could very well lift your business to greater financial heights. Imagine having a method to reliably account for