Running a business is tough. We’ve compiled tips and best practices just for you.
Many small business owners check on their financial bottom line from time to time—not a bad habit to have, especially if you do it regularly. But upon looking at a spreadsheet (or wherever you keep that info), one reaction that is unfortunately not...
If you run a small business and accept paper checks, you might be wondering why you should switch to a digital payment system. If checks have been working so far, why start receiving payments online? This article outlines the cons of paper checks...
We’ve had our ears to the ground about issues that impact freelancers since Finli started, and understand the rich upsides - as well as the frustrating downsides - that can come with this type of work. With 59 million freelancers and counting in...
For a while, predictions about inflation were everywhere but it was anyone's guess as to how they would impact us all. Today? Inflation can no longer be ignored, with the U.S. inflation rate recently topping forecasts at 8.5%, the highest it's been...
If you’re a small business owner, you’ve been there. You complete a project for a customer and issue your invoice. Time flies by, and the payment deadline comes and goes. Before you know it, they haven’t paid and you’re in a cash flow crunch - not...
Introduction Today, life happens in text messages. We use texts to communicate with family and loved ones, keep up with friends and coworkers, and send photos, emojis, and other media to almost everyone. Importantly, many also use SMS text messages...
Small business owners are adept at being Jacks and Jills of all trades. They know how to perform their given service (e.g. sewing or tailoring, coaching gymnastics, organizing homes, etc.), and they also know how to deliver customer service, handle...
If you own a small service-based business, you’ve probably felt the squeeze of cash flow. It can be incredibly stressful to manage your income and make sure you can cover expenses - and it could even sink your company. In fact, one study found that...
Does the joke about a boat being a hole in the water you throw money into apply to your digital sales marketing costs? In this case, the hole is the internet. Unfortunately, wasting money on ads that don’t convert could be costing you customers....
As a small business owner, you may have developed a great business model and dream of running a thriving business. Yet, statistics show that only a few businesses make it. Having a failing business isn’t the end of the road. The key to saving your...
How Finli Can Help Small Businesses Simplify and Reduce the Costs of Getting Paid for Their Services Nothing is as damaging to businesses as belief in the idea that “we’ve always done it this way” means it is the right or best...
Entrepreneurship Redefined When you think of a business owner, what are your initial thoughts? Mark Zuckerberg? Steve Jobs? Jeff Bezos? What about the self-made maid company down the street? Pun intended. Or the local painter who might not...
Remember Michael Jordan’s lesson when starting your new business Back in 1993, Michael Jordan shocked the world by retiring from professional basketball to pursue a career in baseball - a lifelong dream. While he was as passionate about...
Coaching is a rapidly evolving and expanding industry. In 2019, the estimated global total revenue from sports coaching was $9.3 billion U.S. dollars - and it’s only going up. Here are some other coaching trends and predictions to think about and,...
The Great Resignation is upon us (and has been since June of this year), and while the state of the pandemic remains in the balance, one thing remains clear: people want to spend their time doing what they love (and making money from it). If you...
Facebook is rolling out a Fast Track Invoice program on October 1, 2021. You’ve probably heard about it because they are dedicating $100 million to it! The program aims to support small businesses by buying up outstanding invoices owed to...
When you run a small business, you’re an essential part of your community. Having personal relationships with your customers can make it hard to collect past due invoices, but not collecting them isn’t a viable option—nor is it fair. In 2020,...
For small business owners, these past few months have been nothing short of a torturous limbo. For a couple of weeks in the summer, it looked like things were on the mend. Now, with the Delta variant (among countless equally concerning others), the...
As the pandemic eases its grip on the US population, millions of workers are quitting their jobs. This has created a severe labor shortage; a whopping 42% of small businesses had job openings that they couldn’t fill. While larger companies are able...
The inflation rate is the highest it has been in over a decade, and small businesses are bearing the brunt of the consequences. One way to rescue your bottom line is to increase your prices, but it can be difficult to raise your prices without...