A competitive and appealing concept, a viable business plan, unique designs, and a solid marketing strategy are a few of the things you need to develop when starting a clothing line. You can start a small-scale clothing line for as little as $500, although costs can vary widely. Use our guide below to learn how…
How To
How To Raise Angel Funding for Your Business
Angel funding is a way to raise money for your business with the help of angel investors, who offer seed money to promising startups or small businesses in exchange for an equity stake in your company. To receive angel funding, you’ll need to do your due diligence in vetting an angel investor best suited to…
How To Calculate the Average Age of Accounts Receivable (+Calculator)
The average age of accounts receivable (A/R) is calculated by dividing 365 by the annual A/R turnover ratio. Average Age of Receivables = 365 days A/R Turnover Ratio A lower average age of receivables indicates that a company is collecting its debts more quickly, which is generally considered a positive sign for a company’s financial…
How to Hire a Virtual Assistant in 6 Steps
Hiring a virtual assistant (VA) requires understanding your needs, crafting and posting a job listing, and screening candidates to ensure a good fit. Although it can be daunting, finding a VA for your business can be simplified using the steps in this guide. Explore each step and follow a structured hiring process in hiring a…
How to Choose Brand Colors in 5 Steps (+ Examples)
Choosing brand colors is an essential step in creating your brand’s identity. Think about this: Hospitals and banks often employ blue, but beauty shops use pinks and pastels. To select the right brand colors, you’ll need to express your brand’s personality. Once you can do that, take a moment to consider the meanings behind the…
How To Use the QuickBooks Online Fixed Asset Manager
QuickBooks Online Advanced users can use the built-in Fixed Asset Manager to store key fixed asset information and compute depreciation. In this guide, we’ll go over how to use the QuickBooks Online Fixed Asset Manager by showing you how you can add and edit fixed assets and generate a depreciation schedule. Viewing the Fixed Asset…
Hiring After Layoffs: Strategies and Best Practices
As you navigate the challenges of hiring after layoffs, it is important to adopt a transparent and empathetic approach toward both existing employees and potential new hires. Hiring after a layoff requires careful navigation and strategic actions to rebuild trust and attractiveness for job seekers, as well as to avoid accusations of illegal practices or…
How to Choose a Home Inspector: A Playbook for Investors
To ensure a property is a wise investment and free from costly surprises, you should hire a professional home inspector to complete a thorough evaluation. High-quality inspectors are detail-oriented and communicative, maintain the required licenses, and have experience inspecting buildings of your property type. Below, I go through the process of how to choose a…