November 4, 2021

Service-based businesses are unique in that they require more than just sales to generate profitability. This is because service providers have overhead costs related to their employees, marketing, inventory, and equipment. Service-based businesses are different from product-based businesses because they focus on providing a service rather than a product. This creates additional challenges for profitability […]

Having a good financial strategy is an indispensable part of running a small business. It’s more than just balancing your accounts; it’s about creating effective ways to survive during a crisis and thrive during good times. From opening savings accounts to taking out loans, you should manage your money wisely to sustain your small business.