As a small business owner in Lafayette, it’s important to keep a close eye on your company’s cash flow. A healthy cash flow is essential to the success of any business, but it can be especially challenging for small businesses. Luckily, there are a number of things you can do to maintain a healthy cash flow. Here are 9 tips:Tip #1: Lease Equipment and Supplies Rather Than Buying Them One of the best ways to save money and improve your cash flow is to lease equipment and supplies rather than buying them
The holidays are a crucial time for small businesses. According to the National Retail Federation, holiday retail sales in the United States hit a new record at $886.7 billion—an increase of more than 14 percent from the previous year. If you want to get a piece of that pie, you need to start planning your holiday marketing strategy now. Here are some ideas to get you started courtesy of the Lafayette Chamber of Commerce.1. Creating a PDF Gift Guide Gift guides are a great way to show your customers what
While many types of businesses are becoming obsolete due to technological advances nowadays, the general home repair service industry doesn't look like it will be one of them. If you've seen the long-term potential of starting your handyman business, here's how to get started. Begin with a business plan A business plan is a must when you’re ready to start a new company regardless of the type of industry. Furthermore, as a handyman, your business plan may need to be much more thorough, especially if you