As a business owner, your business will likely be a reflection of your personality. Take this money personality quiz to find out what your money personality is. Recognizing your money personality is the first step toward healthy financial habits for you and your business. Click here to take the Money personality quiz.
4 S’s For SME Success
Starting or running a business can be a lot – from planning it, fundraising, strategizing, marketing, hiring, and execution. However, there are a few things to consider when running a small business. You have to be able to articulate and execute these 4 S’s and apply it to your business to aid growth from a…
Learning in the COVID-19 Era
“Stay home, stay safe” has become one of the most common phrases in the year 2020. Though this has become a sort of a slogan to help curb the spread of COVID 19, as well as prevent people from contracting the virus, it has also led to a disruption in education. Education has been moved…
Finance Lessons From Playing Monopoly
Monopoly is a family game that has been played since 1935. Besides revealing how competitive people can be, there are many money lessons that can be learned from playing this game of strategy that offers ways to manage your money, while teaching money management lessons in an easy and fun way. It also teaches you…
Questions To Ask Before Spending Money
In business and life generally, you have to make a buying decision for certain things. While some come easy, some do not. If you make purchases and spend, spend, and spend some more without so much as a thought, you are at risk of probably going bankrupt or spending above your business means. It is…
How to Complete your Online Loan Application
Filling out an online loan application is relatively simple. Most loan applications from online lending platforms ask for the same information with the goal of determining whether you are financially stable and responsible.1 Few tips to help complete your online loan application include: 1. Provide your personal information It is important that you provide your…
LEARN HOW LOANS WORK BEFORE YOU BORROW
A loan is a form of credit facility. It is a contractual agreement in which a borrower receives something of value from a lender and agrees to repay (usually with interest) at some later agreed date. Every loan consists of 3 different parts: The Principal The Interest The Repayment The principal is the cash made available by…
10 WAYS DIGITAL MARKETING CAN HELP YOUR SMALL BUSINESS
Digital marketing is the component of marketing that utilizes the internet and online-based digital technologies such as mobile phones, desktop computers, and other digital media platforms to promote products and services to a larger audience. Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising,…
FOUR IMPORTANT FINANCIAL RECORDS TO KEEP AS A BUSINESS
Good records play a very important role for any individual or entity that creates them: providing users with historical insight and serving as a basis for future forecasts. As a business owner, good financial records will serve this same key purpose for you: telling the story of your business and helping you to recollect important…
5 Ways To Get Out Of Debt Fast
A small business loan can be a valuable resource but it’s important that you’re responsible with spending and repaying it. When taking out a loan, you should remember that paying back the loan is a priority and a loan does not just end with getting a loan. It has to be spent effectively and paid…