Acquiring New Customers: Are You Spending Too Much?
The general rule of thumb is that recruiting a new customer takes five times as long as maintaining an existing one. But is it better practice for your business to focus more on bringing in new customers or keeping the ones you already have pleased? Which will bring...
Retirement Options for Gig Workers
While retirement may still be miles down the road, it’s always a good idea to begin planning for it as soon as possible. The longer you contribute, the greater your future nest egg will grow to be. Even if you aren’t working for a company that offers its...
Why Financial Record-Keeping is Essential for Your Business
Recording financials is a critical aspect of running a successful business. By keeping accurate and up-to-date records of your financial transactions, you can gain a clear understanding of your financial health, identify areas of strength and weakness, and make...
3 Tips to Help Keep Your Business’ Budget in Check With Inflation
The impact of inflation is felt by all Arizonans. Currently, diesel gas prices are over $5 per gallon. According to the Rate Inflation, in August 2022, the rate of inflation was 8.263%. As a business owner, I’ve felt the effects over the last 2 years as my shop hourly...
The Importance of Capital for Business Growth
Expanding a business often requires capital, but not always. While it’s true that many businesses need to secure additional funding in order to grow, there are other ways to expand without taking on more debt or equity financing. One way to expand without...
Entrepreneur Magazine
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