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5 Tips for Overcoming Supply Chain Issues as a Small Business Owner

In addition to lockdowns, restrictions and economic shifts, the pandemic has forced business owners to confront supply chain issues. Running a small business is never easy, and when you have to worry about supply chain issues on top of everything else, it can be downright daunting. Thankfully, there are ways to overcome these challenges and …

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4 Bad Financial Habits That Are Hurting Your Business

Habits are everything.  From getting up early, to working out and eating healthy, habits are what differentiate successful people from others. The same applies in business – entrepreneurs who have good financial habits tend to make better decisions than those who lack them. If you have poor financial habits, then your small business could be …

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4 Essential Money Management Tips for First Time Business Owners

There’s a lot to think about when starting a business for the first time and prudent money management should be at the very top of that list. It’s important to put financial best practices into place so that you can manage your money well and create good habits going forward. Let’s take a look at …

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5 Tips to Ensure that Your Small Business is Scalable

As a small business owner it’s only to be expected that you want to take things to the next level. However, before you begin to grow it’s important to make sure that your business is scalable.  Scalability is your ability to grow your business without overwhelming your current structures or running out of resources. Therefore, …

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How to Work Out Whether Your Small Business Is Profitable Or Not

As a small business owner, you always have a million-and-one things to think about. It can be difficult to stay on top of the numbers and know which ones matter when it comes to the financial health of your business. However, it’s essential that you know whether you’re operating at a profit or not. Burying …

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How to Ensure that Your Small Business is Both Competitive and Financially Conscious

As a small business owner, it’s important to differentiate yourself from the competition, but doing so often comes at a hefty cost. According to the Small Business Administration, just below half of all small businesses survive for five years and just one in three stay afloat for over a decade. The importance of being financially …

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