The Source

Small Business

Compare and Contrast: Invoices vs Receipts

March 15, 2020

Regardless of your business's industry, a basic understanding of accounting is critical. However, to get that understanding, there are many details you’ll need to learn about. One of those details is financial documentation.\n\n\nIn accounting, there...

The Importance of Calculating Your Inventory Turnover Ratio

March 14, 2020

If you own a business and have noticed struggles relating to sales, you may wonder what to do to improve. One of the most common pain points for retail businesses is improper inventory controls. Knowing...

The Importance Of Silence In Negotiation Tactics

March 11, 2020

Susan Cain examined society’s bias towards extroversion in her book, Quiet: The Power of Introverts in a World that Can’t Stop Talking. She highlighted how, particularly in business, we idealize the extrovert. The person who's...

Pros and Cons Of Starting A Subscription Box Service In 2020

March 9, 2020

A decade ago, most consumers didn’t know what a subscription box was. There were some early adopters in this market, such as The Sampler, an art-based subscription, which started in 2004. However, the trend really...

Small Business Ideas: How to Select A Long-Lasting Niche

March 8, 2020

Many entrepreneurs know they want to start a small business before deciding what that business opportunity will be. If that’s the boat you’re in, how do you choose a long-lasting idea?

5 Frequently Asked Questions: Business Property Foreclosures

March 4, 2020

Many business owners need to obtain property for their businesses. The uses for this property depends on the business. However, properties are usually expensive, often beyond business owner's typical budgets. This may cause these owners...

How to Avoid A Blanket Lien: The Bane Of Equipment Financing

February 24, 2020

Many small business owners require additional funding to purchase equipment, materials, or inventory. When you explore business financing options, you might come across offers that include a blanket lien agreement.

Why Malpractice Insurance Is Critical For Your Medical Business

February 22, 2020

When medical mistakes occur, there's a chance your patient could decide to sue you. That’s why all doctors need to pay for malpractice insurance.

Need More Time To Work? Consider Polyphasic Sleep

February 12, 2020

The average person spends one-third of their lifetime asleep. What if you could reclaim some of that time? A practice known as polyphasic sleep might allow you to do just that.