People management skills—beyond simply being able to communicate and collaborate with others—are essential for success in any workplace. Effective people management skills involve the ability to understand and motivate individuals, build strong teams, and resolve conflicts. You can achieve this through clear communication, respect, persuasion, trust, openness, and more. Let’s take a closer look at…
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7 Small Business Loan Requirements That You Need to Know
When applying for a small business loan, you must satisfy the lender’s requirements and eligibility criteria, which can vary depending on the lender and the type of loan you want. However, several common small business loan requirements apply to many business loans. From a simplified standpoint, common small business loan requirements are broken down into…
15 Photography Business Ideas to Try
If you have any inclination toward photography, this could be a niche to explore. You can become a freelance photographer, start an agency, or even give courses. Not interested in working with people? Sell photo products or offer remote editing services. These are just a few of the ideas we’ll explore in this list of…
16 Accounts Payable (A/P) Best Practices
Managing A/P requires finding the balance between validating and approving bills, paying them on time, and maintaining enough cash for daily operations. It is one of the most important tasks of a bookkeeper. We list 16 accounts payable best practices—from entering bills immediately and contacting vendors for discrepancies to attaching invoices and receipts to transactions…
13 Accounts Receivable Best Practices
Maintaining an effective accounts receivable (A/R) management system is an important duty of the bookkeeper that can help your business grow, even if you expose yourself to the risks of selling goods and services on account. Creating an efficient management process can be made easier by following some well-established accounts receivable best practices—and we’ll take…
2024 Back-to-School Marketing Ideas & Trends for Retailers
Back-to-school season is one of the busiest and most important seasons for retailers—it’s the second-biggest event on the retail calendar, after the winter holidays. The National Retail Federation (NRF) and Deloitte Consumer Industry Center recently released their 2024 back-to-school retail trend reports. They anticipate back-to-school spending to remain flat, with parents choosing value over brand…
24 Small Business Marketing Ideas (Cheap or Free)
Marketing a business is a mammoth task. But more than that, it’s a dynamic, ongoing journey involving online and in-person marketing strategies. If you’re struggling to think up ways to market your business that won’t break the bank, we’ve put together a list of 24 small business marketing ideas—no expertise or massive budgets needed. The…
12 Expert-approved Restaurant Bookkeeping Tips
Managing your finances can be one of the most difficult parts of running a restaurant. Restaurant bookkeeping comes with special challenges—expenses can fluctuate wildly, and your profit margin is often very thin. But by monitoring your finances, you can ensure that your restaurant remains profitable. To assist you, we have collected 12 key restaurant bookkeeping…