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Cash is King: Cash Management Best Practices
Small businesses should be managed with a focus on cash flow, not income or other financial measures. SCORE mentor Hal Shelton answers cash management questions.
The Megaphone of Main Street: Startups Infographic #2 - Finding Financing
SCORE’s latest Megaphone of Main Street infographic examines how entrepreneurs finance operations in their first year of business. Read more
Is Your Business Financially Healthy?
You don’t need to become a licensed accountant to make your small business successful, but here are some financial metrics you should have a handle on. Read more
5 Accounting Tips That Can Save You Money
Read these 5 accounting tips that can save you money and help your small business run smoothly.
The Pros & Cons of a Business Line of Credit
Business lines of credit are a successful financial product because they can provide valuable assets to a growing company like yours.
A Practical Approach to Small Business Budgeting
An annual budget is considered to be best practice for growing a business, yet many small business owners don’t engage in the budgeting process. Read more
The 411 on Factor Rate
Factor-rate loans are an option for repaying short-term business loans, but is it right for your company? What are factor rates and how are they calculated?
3 Inventory Management Problems and How To Avoid Them
Are you handling inventory in the best way possible? Learn how to avoid loss through an automated inventory management system
What Is a Balance Sheet, and How Can I Use It to Manage My Business?
In this post, learn what a balance sheet is, how it benefits your business, and the important sections you need to include.
Does Your Company Need to File An Annual Report with Your State?
If you operate your business as an LLC or corporation (depending on the state in which your company is registered), you may need to publish an annual report.
The DOL 'Duties Tests': Understanding Who Can Be Exempt from Overtime Pay
Misclassifying workers as being exempt from overtime pay is a common mistake you can’t afford to make as an employer. Let’s look at the rules. Read more
7 Budgeting Basics for Small Business Owners
Budgeting is essential for your small business's success. Check out these seven easy-to-implement budgeting basics.