The “Profit First” Method

There is no such thing as a silver bullet in business. Overnight success isn’t real. Businesses that truly succeed are the result of incredibly hard work. Successful businesses not only have a great product or service that people love, they’re also able to generate...

Invoice vs. Bill: What’s the Difference?

You’ve probably sent or received invoices and bills over the course of running your business, but are you using these terms correctly? Although many treat “bill” and “invoice” as synonymous, they are actually distinctly different forms of commercial documentation that...

How to Set Business Goals and Objectives

Do you have a business plan ready to go but are unsure where to begin and how to get your team on the same page? Or have you already begun executing on your business plan but feel like you’re flailing and lack focus? Think of your business plan as your dream vacation....

PayPal Fees for Receiving Money: What You Need to Know

A key foundation in running your own business is determining how you will collect payment from your customers or clients. Among all the free payment systems online today, PayPal is one of the most well-known and popular. Yet “free” is more of a relative term, as using...

How to Write a Business Plan

Writing a business plan can be challenging and time-consuming, but it doesn’t have to be! By opting for a lean business plan, you can both simplify the planning process and create a business plan that is flexible enough to adapt as your goals and objectives inevitably...

In-House vs. Outsourcing in Business: How To Do It Right

You come home after a long day at work, exhausted mentally and physically, and can hardly keep your eyes open. However, your brain has yet to turn off from work. It’s normal for entrepreneurs to grind the hardest — you’re passionate about what you’re doing. However,...