Managing finances is a crucial aspect of running a small business. To effectively plan and allocate resources, it’s important to understand the difference between a budget and cash flow. While these terms are often used interchangeably, they serve distinct...
I’m pretty sure most of us can agree… Right now, the economy sucks. Interest rates are up, inflation feels like it’s out of control, banks are tightening down on loans and lines of credit, and a lot of our customers are pinching every penny they can....
In the world of business, one of the most critical decisions entrepreneurs face is choosing the right business structure. A business structure determines how a company is legally represented and operates within the industry. It sets the foundation for the business,...
As a small business owner, you know that growing your business is crucial for long-term success. However, achieving sustainable growth can be challenging. It requires strategic planning, innovative thinking, and the ability to adapt to a changing market. In this...
Sweden has long been recognized as one of the happiest countries in the world. I’m sure there are several reasons for this (hello, universal healthcare), but what really stands out to me about their culture is the unwritten code of Jantelagen. Yes, it’s a...