The Source

Small Business

The Importance of Community Involvement in Growing Business

5 minute read

January 30, 2020

If you’re a business owner, growing your business is likely at the top of your priority list. Some of the most common ways to grow a business include attracting new customers, retaining current ones, and...

5 Tactics To Protect Your Small Business From Litigation

5 minute read

January 30, 2020

Most small business owners never expect to get sued. However, it happens more frequently than people know. There are no methods to eliminate the risks of litigation completely. It's a prevalent aspect of society and...

5 Strong Methods To Streamline Your Business Finance Team

5 minute read

January 29, 2020

All businesses need capital to operate, which places demands on finance teams to allocate capital efficiently. When teams aren't efficient, companies can falter. They won’t get the funding needed promptly to continue operations.

The Surprising Effectiveness of Vacation Rental Tax Shelters

5 minute read

January 27, 2020

Do you own a cabin on the water? How about a luxury condo in the heart of Manhattan? If you own a vacation rental property, it could act as a tax shelter that saves you...

10 Tips For Commercial Real Estate Investing Businesses

5 minute read

January 27, 2020

The credit crisis of 2007-2008 scared off many investors. Due to the situation, these investors felt as though recovery would never occur. However, the market did recover and is currently booming. In fact, it may...

Starting An LLC: LegalZoom Or The Do-It-Yourself Method?

5 minute read

January 24, 2020

One of the most essential steps to starting a business is setting your brand up as a legal entity. Many small business owners become overwhelmed with the different types of business structures available. However, most...

When To Chase Accounts Receivable Payments (And When To Give Up)

9 minute read

January 24, 2020

Far more than a minor annoyance, late payments can significantly harm your business. In addition to the headache of chasing payments, having cash tied up in accounts receivable can hurt your cash flow. At best,...

The Safest and Best Index Funds To Invest In For 2020

5 minute read

January 23, 2020

2020’s most reliable index fund options are those focused on low expense ratios, high diversification, and remaining on the rise during turbulent times.

The Benefits of Using Petty Cash in your Small Business

5 minute read

January 22, 2020

Petty cash is a convenient way to pay for small purchases. Many small businesses use a petty cash fund, as there are several reasons to do so. However, if you don’t manage your cash carefully,...