Small businesses and finances: 20 surprising facts

How are other small businesses managing their finances, what challenges must they overcome and what financial decisions have led them to success? A survey from CFED seeks to answers these questions [http://cfed.org/assets/pdfs/Understanding_the_Financial_Vulnerabilities_of_Michrobusiness_Owners_BRIEF_Updated.pdf], so that you can avoid pitfalls and incorporate the more successful ideas into your business. Until now, what has been known about microbusinesses […]
Read More

What to do when a client won’t pay up

Pretty much every freelancer, consultant and independent business owner has come into contact with clients who, for one reason or another, don’t pay for products or services in a timely manner. This can be painful, especially for a small business, since it interrupts cash flow and makes it more difficult to honor commitments. Telling a supplier, […]
Read More

Open source isn’t just for software anymore

Prefer using LibreOffice over Microsoft’s version, which will run you several hundred dollars more? Did you try jailbreaking your iOS device yet? Why should your life without proprietary constraints stop there? Go on and try eating some lightly steamed, homegrown Midnight Lightning zucchini from the public domain, or filling your domicile with some customizable, mix-and-match […]
Read More

Getting started with the basics of online payments and invoices

Setting up your own business is an exciting if sometimes stressful endeavor. Along with self-employment advantages like schedule flexibility, pursuing a dream and having full control come the responsibilities of setting yourself up financially to bill clients, pay taxes and pay others. You might have seen content around the web telling you that you need […]
Read More