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Use Cash Outflow Timing to Your Advantage

Slowing cash outflow in your business enables you to hold onto cash longer so you have more money available and more flexibility in your business. Here are some ways to slow cash outflow.

Keeping Your Business Operating When Disaster Hits

Has your business ever been affected by a natural disaster, such as a fire, flood, earthquake, or tornado? Even if you’ve been untouched so far, the recent news says businesses of all sizes must be prepared for the worst. Here are some steps you can take to protect yourself.

External Factors Can Impact Supply Chains

When you work with an overseas supplier, the occasional hiccup is almost inevitable. But when you have a solid process to follow, the issues are much easier to resolve.

Where to Find More Time to Think

You might feel that since interruptions originate with others, they should be the ones to stop them, but you have more control than you think. While you can’t control when others will distract you, you CAN control your response to them.

Don’t Mess Up on Payroll Taxes

you have at least one employee, you’re responsible for payroll taxes. These include withholding federal and income taxes and FICA tax from employees’ wages as well as paying the employer share of FICA tax and federal and state unemployment taxes.

Three Ways to Hone Your Skills

Andy Nguyen, the founder of Honor Courage Commitment, offered three ways a business owner could hone his entrepreneurial skills and elevate his competitive advantages, whether one was a “natural-born” entrepreneur or not.


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