The biggest thorn to any small business is increasing cost. For entrepreneurs, every penny counts and no cash outlay is insignificant. Whether you’re covering for monthly overheads, inventory procurement or marketing expense, keeping track of the money that leaves your coffer is vital to the...

Small business owners are always at a crossroad whenever a year is about to end. It is the time you look at the bottom line. You want to know if the business is better off now than when the year started. Whether you made money or failed to hit profit targets, you worry about the next year. If...

One of the greatest joys of a small business owner is to see his or her undertaking grow and flourish. You recall putting in your hard-earned money into an endeavor where success hangs in the balance. But as it gains headway and profits start coming in, your natural tendency is to immediately...