New or even experienced business owners can benefit from learning more about business management. Whether you want to inspire your staff, promote your business or increase your income, there’s always more to learn. Continuing your education can also help you stay ahead of changes in the law, such as a new regulation that impacts your business’s industry and learn about better ways to run your business.
Financial Management
Day-to-day financial management can include deciding how to accept payments from customers, knowing where and how to borrow money, timing your revenue (incoming money) and expenses and making sure your business is making money. Learn to manage money.
Record Keeping
Keeping clear records of income, expenses, employees, tax documents and accounts is more than good business. It will bring you peace of mind, help you monitor progress toward goals and save you time and money. Get started.
Promoting a Business
No matter how in-demand your product may be, you’ll still need to reach new customers and generate interest in your offerings. Luckily, there are many ways you can attract customers without spending a lot of money, such as creating social media profiles and promoting word-of-mouth referrals. Promote your business.
No matter where you are in the life cycle of your business, it’s wise to know the management skills you’ll need to succeed. Answer these quick questions and we’ll provide links to expert tips and content based on your responses.
The purpose of an emergency fund is to ensure your business is prepared for unplanned expenses resulting from a slow period of sales or an unexpected disaster. Emergency funds should be easy to access but kept separately from other accounts.
The purpose of an emergency fund is to ensure your business is prepared for unplanned expenses resulting from a slow period of sales or an unexpected disaster. Emergency funds should be easy to access but kept separately from other accounts.
Digitizing records can help you streamline operations, prevent file loss and help the environment. Utilizing online records can also help cut costs and save you time so that you can focus on other important tasks that come with running a business.
Digitizing records can help you streamline operations, prevent file loss and help the environment. Utilizing online records can also help cut costs and save you time so that you can focus on other important tasks that come with running a business.
Federal law prohibits employers from asking candidates some types of questions during an interview; including questions about race, sexual orientation and age.
Federal law prohibits employers from asking candidates some types of questions during an interview; including questions about race, sexual orientation and age.
Offering deals, providing free samples and posting an online ad are all smart ways to market your business. There are many ways to let customers know about your business, some of which cost money and some of which are free.
Offering deals, providing free samples and posting an online ad are all smart ways to market your business. There are many ways to let customers know about your business, some of which cost money and some of which are free.
Negative cash flow is when more cash is leaving your business than coming in. If this occurs, you’ll need to revisit your budget to increase revenue and/or reduce spending in order to get back on track.
Negative cash flow is when more cash is leaving your business than coming in. If this occurs, you’ll need to revisit your budget to increase revenue and/or reduce spending in order to get back on track.
Your Score
You really know your business management basics. Check out these resources to help take your mastery even further.
You’re on the road to great business management. Check out these resources to learn new skills that will help ensure your success.
Managing a business is no easy task. To boost your foundation and learn more business management basics, check out these expert resources.
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