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Do You Need a Business Savings Account?

If you have accumulated more money in your business checking account than you really need for daily operating expenses, that is a nice problem to have! It’s time to consider putting that money to work. A business savings account might be your answer. Every bank is different when it comes to the features and benefits of their business offerings. Here is a list of some of the items to consider asking your banker. Is your checking account interest-bearing, and if so, how does the interest Read more [...]
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Knowledge Panels

Are you looking for new ideas to market your business? If so, knowledge panels might be something to consider. Most people haven’t heard of them, but they are widely used in search results every day. Knowledge panels are an invention from Google. They are the information panels that appear on the bottom right corner of your search results when you search for certain people or brands. They are different from the business profiles provided by Google Business Profile. Knowledge panels display Read more [...]
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10 Ways to Slow Down in Business (and Why You’d Want to)

Sometimes we just need to slow down. It could be our body telling us it needs a break. It could be our mind experiencing the first signs of burnout. Even if you own your own business, you are subject to burnout, especially if you are a people pleaser or say “yes” to everyone! But how do we do that? It might have been so long since we’ve changed our pace, we don’t know where to begin.  Here are some tips on the best ways to slow down in business. Eliminate wasted time. Take a deep Read more [...]
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Five Ways to Welcome in a New Year: 2023

A new year is a perfect time for a fresh start for you and your business. Here are five ways to welcome 2023 and make it your best year ever. Decide on a theme for 2023. Setting a theme for the year can help you remember what you want to focus on. Some examples of themes might be: Growth and improvements to your business. You can be specific, such as making your theme the year of mastering technology, the year of profitability where you focus on cutting costs or increasing sales, or Read more [...]
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Understanding Equity on the Partnership Balance Sheet

The equity section of a business’s balance sheet is the most difficult part to understand. The accounts that make up that section vary depending on the type of entity in which the business is structured. In this article, let’s take a look at what the equity section looks like for companies that are organized as partnerships. The Equity Section As a reminder, the balance sheet has three major sections: assets, liabilities, and equity. The equity section focuses on the investments that the Read more [...]