Who says it needs to be the end of the year to take a look at the most popular articles on a blog? This month, we dug deep into our blog stats to highlight the five most visited posts about small business money management on the MidWestOne blog.
Whether you’re an entrepreneur who’s just starting out or a seasoned small business vet, you’ll find actionable insights and tips on how to manage your business finances in the content below. Happy reading!
Lease or buy commercial space? Advantages and disadvantages
As your business gets bigger, at some point you may need to expand your space, and choose the best way for your company to accomplish that growth. There are two main approaches: leasing space or purchasing a building.
Either method may be a good way to go about getting commercial space. The right choice ultimately depends on your current business and finances combined with where you want to take your company in the future … keep reading.
The dangers of using a personal credit card for business expenses
Credit cards provide a quick source of capital and make it simpler to manage business transactions than – for example – taking out a small business loan.
Because of this, many small business owners fall into the trap of using their personal credit card for business expenses. This can be a slippery slope that is not always in the best interest of your business. Here’s why…
5 tips to keep your small business finances in order
Accounting is a necessary evil in the small business world. It’s one of those tasks all entrepreneurs know is part of running a business but few realize how easily it can suck up your day and make operating a successful business harder than imagined.
Here are a few things you can do to help keep your small business finances in order … check out our tips.
Understanding your business’ critical numbers – 6 key metrics
Running a small business is no small feat. In addition to the experience you need in your area of specialty, you’ll be forced to take on the financial aspect of operating a business, too.
While every business is different, there are key business numbers you should monitor on an ongoing basis. In this article we’ll help you boost your financial literacy and share six key metrics every business owner should know. Review metrics
6 things to consider when renting commercial space
The commercial real estate market is very different from the residential one and it can quickly turn into an overwhelming experience.
Nevertheless, leasing a commercial office space is one of the largest expenses incurred by new and expanding businesses, so it is important to do your due diligence. Here are some important things to think about when selecting a new space for your business. Check out our list of things to consider