The Source

Small Business

Pros and Cons of Bootstrapping Your New Business

5 minute read

November 14, 2018

“It takes money to make money” is one of the oldest clichés in the business world, but it’s true that most startups require funding to get off the ground. Luckily, there’s currently no shortage of...

How to Determine if Your Business Needs a DBA

5 minute read

November 14, 2018

Wondering if your business needs to register a “Doing Business As” (DBA)? DBAs are usually needed if you intend to conduct business under a name that is different from your personal legal name or the...

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

Starting a small business is a great opportunity, and for more many, it’s a dream come true. You can pursue your passions and be your own boss. However, running a small business can be challenging...

6 Effective Tips to Save an Emergency Fund as an Entrepreneur

5 minute read

June 12, 2018

Starting your own business is a risk – but, of course, you know that. Along with leaving behind a steady paycheck, you might have to get small business financing and take on debt to endure...

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...