By Allen Bell and Allison Goldman Anyone who manages a small or medium-sized business knows that cash flow management is paramount to keeping an organization stable and can be one of the most important tools to scale a business. Now add the complexity of a seasonal business, and the need for disciplined cash flow management becomes even more significant. Most …

Described as the business organization for the 21st century with the “M.O.” of using business as a force of good, there has never been a better time than now for a startup to incorporate as a B Corp. Companies like Patagonia, Method, Warby Parker, and Good Worldwide are just a few businesses leading the pack as B Corps, some of …

On June 12, the Fed announced that interest rates would remain between 5.25 and 5.5%, forcing small businesses to try to access capital in the highest interest rate environment in decades, ultimately making it harder and more expensive. Of course, just because capital is harder to obtain, doesn’t mean you don’t need it to run your business, expand, and address …

Several months ago, we discussed a report from Constant Contact, Small Business Now: The Current State of SMB Marketing, showing that small business owners were struggling to market their products and services and how 73% of them weren’t confident their current marketing strategies were helping them grow their companies. While that initial article highlighted the marketing challenges business owners were …

If you’re a new entrepreneur, an important task is ensuring that your business is compliant with all local, state and federal regulations. Some legal matters require immediate consideration, and you will want to address those issues as soon as possible. To help, Young Entrepreneur Council members share 10 essential tasks to handle right away when starting a business. When first …

As work styles and agreements have evolved, so has the flexibility of work. Many professionals now have the freedom to work from anywhere they choose. Though some like to work from home, many entrepreneurs find it beneficial to get out of the house and use shared workspaces. A shared workspace, also known as a coworking space, is a physical work …

By Lexy Garrett You finally have your business up and running, but it isn’t growing at the pace you’d expected, or maybe it is even struggling. What steps can you take to grow your business? It is important to take action daily to improve your business. Every business is unique, but these steps will help set your business up for …

Bickering in the workplace is toxic. Anyone who is forced to listen to complaints and gripes is immediately put in the center of the conflict. This can spread like a cancer in your office and cause employees to become disgruntled and unhappy with their jobs. Stopping disagreements as soon they arise is essential to the overall health of your business. …

If your company has a presence on social media (and it should), then you need to make sure you have a social media policy that keeps everyone accountable. If you don’t, social media will end up being more of a distraction than an aid. What is a social media policy? According to data from Pew Research Center, 68% of adults …

As an entrepreneur, it’s important to stay on top of the latest trends in your industry. There are many different ways to do this, from networking to following news articles to listening to podcasts. To find out the best approach, we asked young entrepreneurs the following question: Q. Entrepreneurs often seek to gather and share information. What is your preferred …