Some small business owners find themselves in the difficult position of running a business that appears to be profitable, but still having no money in the bank. It’s an important situation to address. After all, a lack of adequate cash flow is one of the main causes of small business failure.

Having total control over your finances can give you an amazing sense of freedom. However, it takes a lot of discipline and hard work for you to be able to achieve this.

Maintaining positive cash flow can be challenging for small businesses, whether you’re just starting out or have been running your company for years.

These tips will help you get paid faster, so you can avoid a dangerous cash flow crunch.

Each month, members of the MATAX team pick their favorite of the month.  Here are the selections for March 2021.

Digital signing, versus the traditional “wet” signature, has become increasingly popular in recent years.  More and more countries across the globe have endorsed the legal validity of digital signing, enabling businesses to digitize entire workflows and further optimize management processes.

Business dashboards are a valuable business intelligence tool, offering an “at-a-glance” big picture view of a company’s performance.

Adding the right applications to your business can streamline operations, create efficient processes and save you time and money.  But where to start? Each month, members of the MATAX team pick their favorite of the month.  Here are the selections for February 2021.

Many small business owners tend to handle their own accounting and bookkeeping, especially when they’ve just started out. However, keeping track of the finance-side of the business– everything from income to expenses to tax compliance– can be overwhelming.

Adding the right applications to your business can streamline operations, create efficient processes, and save you time and money.  But where to start?  There are 1,000’s of applications out there, many solving the same or similar issues. Each month, members of the MATAX team pick their favorite of the month.  Here are the selections for January 2021.

As another year winds down, it’s a good time to reflect on your recent business successes – and consider what you’d like to achieve in the coming twelve to fifteen months.

These tips can help you with the process of making plans to help guide your business to greater success

When you’re a small business owner, you get used to people giving you advice. Sometimes you seek out their insights while other times they share whether you want them to or not. While the advice is almost always well-intended, it’s not always good. In fact, sometimes it’s downright awful.

Adding the right applications to your business can streamline operations, create efficient processes, and save you time and money.  But where to start?  There are 1,000’s of applications out there, many solving the same or similar issues.

When you’re an entrepreneur, your to-do list is often long and constantly growing longer. There is an overwhelming number of things you need to do, and it can feel like they’re all urgent. In such cases, it’s easy to push important tasks to the side and focus on less-vital activities, but that often means you miss deadlines, make mistakes, or always feel as though you’re trying to catch up.

Networking can be a key way to keep your business growing. Regardless of your industry or business size, it is hard to ignore the benefits of forming professional networks for potential partnerships, expanding your client base, and scaling up.

Although the short-term outlook varies depending on your industry sector, it is important for all business leaders to set up a strategy that will guide their way towards recovery. If you want some tips on how to hit the ground running after the crisis, this guide will outline the steps to get your business back on track.

It’s very rare these days that people just happen to find your business and become a client or customer with no work on your part.  Your business has to grab people’s attention, turn curious visitors into leads, and then convert those leads into sales.

If you want to increase sales on your eCommerce site, you should not only focus on traffic but also on your conversion rate. The higher your conversion rate, the more money you can make with the same number of visitors. Here are five tactics to help you increase your conversion rate.

For many business owners, determining the success of a business comes down to how much profit the company makes. Of course, finances are an important measure of a company’s overall success. If you don’t bring in more than you spend you won’t be in business for long. Profit, however, isn’t the only important benchmark by which to measure your business.

For an online business owner, scarcity is a valuable tool that can turn a failing product into a winner. It is best implemented in a subtle way that does not draw attention to itself, but the urge to purchase remains very potent.

In this article, we put a spotlight on the most creative and innovative ways that small businesses have adopted to increase sales during the pandemic and prosper in the new business environment.