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If you love technology, you may be interested in starting a tech-related business. Managing a team is hard work but essential for running your small business smoothly. However, if you don’t have proper internal controls in place, you run the risk of administrative tasks such as issuing of invoices, filing of bills and receipts and monitoring books being poorly managed. You’ll be able to employ better quality employees who want to work with a business that shows potential for growth and expansion in the future. Nicola writes a blog every week and sends a Monthly Newsletter with a blog round-up … Read more

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Although Microsoft Dynamics ERPs offer robust capabilities, sometimes organizations realize they have specialized requirements not covered by their out-of-the-box solution. When that happens, they can turn to third-party solutions to ensure that their ERP system will meet their needs. The accuracy of any content provided by an external contributor remains the responsibility of such external contributor. It should not be inferred that any other organisation referenced endorses or agrees with any conclusions set out. The inclusion of company examples does not in any way constitute an endorsement of these organisations by PRI Association or the signatories to the Principles for … Read more

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In: Center For Small Business Finance

Loans can be used to invest in employees, marketing, inventory, or other specific business needs. Business planning is often used to secure funding, but plenty of business owners find writing a plan valuable, even if they never work with an investor. That’s why we put together a free business plan template to help you get started. When you open a bank account for your business, consider opening both a business checking and a business savings account. The first will give you a place to manage your day-to-day revenue and expenses, while the second can be used for setting aside money … Read more