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Category: Business Tips

How Rising Inflation Can Impact a Business
How Rising Inflation Can Impact a Business
Inflation has become a major problem, harming consumers and businesses alike. Due to supply shocks caused by the Covid-19 pandemic, geopolitical conflict, high oil prices, and strong consumer spending, it is higher than it has been in over four decades. The consumer price index (CPI) rose 8.7% (on an annualized basis) in the year period […]
Retail Store Recovery Tips - Re-Emerging from the Cloud of Covid
Retail Store Recovery Tips - Re-Emerging from the Cloud of Covid
  The retail industry has been hit hard by the recent COVID pandemic, with many stores shutting their doors for good. Retailers have seen market forces previously unseen, leading to months of closures and shifts in consumer behavior patterns. While this epidemic is undoubtedly hurting many businesses, it does provide opportunities for those who are […]
Separating Personal and Business Finances - Why It’s Important
Separating Personal and Business Finances - Why It’s Important
It’s a common mistake for first-time business owners. They assume because they’re just getting started and their business is small, separating personal and business finances isn’t really necessary. Not separating the two can lead to financial complications and confusion. Here are the primary reasons separating personal and business finances is important. Tax Purposes No one […]
Working Capital and Business Liquidity - What's the Difference?
Working Capital and Business Liquidity - What's the Difference?
Although they are often confused, business liquidity and working capital are two different but equally important financial factors for business success. As a business owner, it is important that you have a clear understanding of each and how to manage them. While veteran business owners may have a handle on this, improper cash flow management […]

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