Effective March 12, 2012, the Small Business Administration (SBA) will enact 37 new small business size standards for 34 industries. This federal action has created quite a stir among various small business advocacy groups as well as individuals. You can read Federal Register for the details as well as review a table showing all the changes. [...]
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Managing Cash Flow Can Lead to Business Happiness
I recently read that only half of new business start-ups survive after the first five years of business. I think that not managing the finances of a small business wisely is often the reason for these unhappy endings. Cash flow is critical to operating any business – regardless of size because it drives daily operations, [...]
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How to Adapt to New Postal Rates Increase
Effective January 22, 2012, new postal rates will go into effect. As you probably know, the USPS is trying various attempts to save itself. Yet, I think that the post office we know today won’t be the same for long. Leaving sentiments aside, some of the proposed ideas could impact a small business’ cash flow. [...]
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