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

You have an excellent idea for a product or a service, you’ve fleshed out a solid business plan, and now you’re ready for revenue to start rolling in. But before your business gets up and running, you’ll need to choose a business structure. This will The post How to Set Up Your Small Business as an LLC appeared first on Oregon Small Business Development Center Network ..read more

Finding the right financing can help entrepreneurs turn their aspirations into a profitable reality. There are plenty of business funding options to choose from, but the best fit for your type of business depends on various factors and whether debt financing or equity financing makes The post Types of Business Funding for Small Businesses appeared first on Oregon Small Business Development Center Network ..read more