The Source

Small Business

Pros and Cons of Bootstrapping Your New Business

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

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

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

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

August 10, 2018

Cash flow issues can sneak up on small business owners. Learn the five warning signs of a cash flow crisis and how proactive steps — including financing — can help you stay on track.

How Bad Business Credit Impacts Your Business

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

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 your small business.

6 Effective Tips to Save an Emergency Fund as an Entrepreneur

June 12, 2018

Plus, 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 – and less anxiety-inducing – if you have a financial safety net.

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

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...