Most Small Business Owners Don’t Do the Math on Their Most Valuable Asset
Many small company owners don’t know what their enterprise is worth, a practice that can amount to risky business. A whopping 98% of small businesses polled by M&T Bank over the past two years didn’t know the value of their companies. This is especially troubling, given that for most business owners, their company is their […]
7 Major Financial Blunders Small Business Owners Make
There’s a steady increase in the number of small businesses cropping up. Unfortunately, not every business will succeed financially. To avoid demise, business owners must tactfully avoid these 7 common-but-harmful financial mistakes. 1. Making Large and Unnecessary Purchases When setting up your company, you may be tempted to purchase the latest technology, a […]