Sound financial management is crucial for the success of any small business. Financial management refers to practices including bookkeeping, creating financial statements, accessing financing, and developing accurate projections. Small business owners who manage finances efficiently can make more profitable decisions that benefit the business in The post 10 Small Business Financial Management Tips appeared first on Oregon Small Business Development Center Network ..read more

All small business owners must choose a business structure. Whether you are starting a new business or have an existing business structured as a limited liability company (LLC) or sole proprietorship, there are advantages and disadvantages that come with each type of legal entity.  Read The post S Corp vs. C Corp: What Are the Pros and Cons? appeared first on Oregon Small Business Development Center Network ..read more

The balance sheet shows business owners the big picture of their company’s net worth. Business owners often use it to secure investors, get loans, or sell the business. There are three main financial statements used for business accounting: the profit and loss statement, the cash The post What Your Balance Sheet Tells You About Your Business appeared first on Oregon Small Business Development Center Network ..read more

The profit and loss statement plays a key role in your small business accounting. It provides a summary of total income and expenses over a specific period of time, plus it serves as an indicator of your company’s financial health. Before we dive into how The post How to Read a Profit and Loss Statement appeared first on Oregon Small Business Development Center Network ..read more

Maria Pokrovskaya, an architect turned artist, has built a remarkable career while also nurturing the dreams of creative professionals worldwide. Maria’s story is one of resilience, purpose, and an unwavering commitment to her craft. The post Maria Pokrovskaya of Artclever Corp. appeared first on Oregon Small Business Development Center Network ..read more

After hosting traveling cyclists in their Bay City home for several years, Dee and Mark Harguth decided they enjoyed entertaining so much they wanted to build tiny cabins for tourists to stay in. In 2016, they opened Sheltered Nook on The post Blue Coast Eco-Blasting appeared first on Oregon Small Business Development Center Network ..read more

The key to expanding any small business is to grow your customer base. Your customer base is the group of customers who repeatedly buy from your business. They are customers whose purchase history proves that your company provides a product or service that appeals to The post 7 Ways to Grow Your Customer Base appeared first on Oregon Small Business Development Center Network ..read more

Everything Oregon small-business owners need to know about planning a comprehensive small-business marketing plan, from creating a SWOT analysis to goal-setting. The post How to Create a Small Business Marketing Plan appeared first on Oregon Small Business Development Center Network ..read more

As a small business grows, so do the daily tasks that keep the business running smoothly. But these tasks can be tedious and time-consuming for business owners and existing employees who may already be wearing many hats. This is why hiring a virtual assistant (VA) The post How to Hire Virtual Assistants appeared first on Oregon Small Business Development Center Network ..read more

Whether or not your small business has in-house cybersecurity or IT experts, you’ve probably heard the disturbing news accounts about the increase in hacks, scams, malware attacks, viruses, ransomware, and other extortion-oriented online assaults. The post 5 Cybersecurity Tips for Small Businesses appeared first on Oregon Small Business Development Center Network ..read more