Why hiring your second employee is an even bigger deal than the first

Looking to make your second hire? That’s great. You should be commended for generating jobs.  Arguably, hiring your first employee might require a bigger leap of faith. But employee number two is probably more consequential.  Why? Because now you’re now outnumbered. You’ve crossed over into true employerhood. With that comes new expectations that you might not have …

Cash-flow fitness for a growing small business

Most business owners pay themselves last. That means if there’s ever a blip in cash flow, making payroll and paying rent always came first. Cash flow is pretty much the be-all and end-all for a small business. Everything we do serves it. But you don’t want to master cash flow simply to avoid payroll crunches …

Is your small business in the awkward “tweens?”

As with kids, the tween years of business are an awkward stage. You’re not too small, but you’re not yet big. For you the business owner, that means wearing all the hats and dealing with lots of uncertainty. Here are some steps you can take to minimize the awkwardness.