Running a business places many demands on you. It’s often tough to decide what your top priorities should be. But one thing should always rank at the top of your list and that’s your cash flow. Are you managing your business in these difficult times based on your company’s cash flow?
New research from Kansas State University finds the average worker spends 60 to 80 percent of his or her time on the Internet engaged in activities unrelated to the job. It’s known as cyber-loafing or cyber-slacking and many business owners believe it’s affecting their bottom line due to lost productivity.
How is the economy affecting your small business? Many small businesses blame the economy for their inability to grow, and their outlook remains tepid at best. The NFIB’s Small Business Optimism Index for January was just 0.5 points above November’s historical low.
How would you like to win $5,000 for telling your small business story? The National Federation of Independent Businesses, NFIB, is inviting you to submit a video detailing how you started your business. Each week, a panel will pick three winners who will have their video posted on NFIB.com and receive a free one-year membership to the organization. At the end of four weeks, NFIB.com visitors will vote for their favorites from the 12 weekly winners. The winning business receives $5,000 cash. Who couldn’t use a little extra cash these days?
You may remember this song popularized by Marvin Gaye in 1967. With Valentine’s Day just around the corner, the lyrics keep running through my head — not about my husband (although I do love him), but rather about my business. And not just my business, but every successful small business out there.