Business Finances
Providing More Offers to Existing Clients
It’s Cheaper to Keep Her: Don’t Sleep on Sales From Existing Clients As a business owner, you understand the importance of acquiring new customers. However, I work continuously with the founders in our community for Black women entrepreneurs to help them understand that it’s equally essential to keep existing customers satisfied and coming back…
Read MoreBecoming Bankable: Funding Terms You Need to Know
Accessing capital is one of our toughest challenges as black women-owned businesses. According to a report by Digital Undivided’s Project Diane, firms started by black women received only .0006% of VC funding raised by startups between 2009 and 2017. This number is offensively low! But, the reality is that venture capital (VC) funding often comes…
Read More6 Sistahs in Business Accounting
As sistahpreneurs, we know how important it is to have the back end of your business in order. Especially when it comes to finances! Financial opportunities may present themselves at any time, and they will pass you right by if you aren’t prepared. So while it may be tempting to take the DIY approach, there…
Read More8 Bookkeeping Tips to Clean Up Your Business Day-to-Day Money Management
Everyone talks about small business finances and taxes, but that’s just the tip of the iceberg. Beneath that tip, all the little daily things go into it, like bookkeeping and day-to-day money management. And it’s a shame that we as small business owners don’t talk about these things more, because really, this is where we…
Read MoreTasty Tax Tips: Keep Money in Your Pocket
How would you feel knowing that you’ve been overpaying in taxes? Well, it may surprise you to learn that you probably are overpaying. Small businesses overpay their taxes by billions! Yes, I said billions! There are primary reasons why: Lack of knowledge and guidance Procrastination or accountability Fear of the IRS But you can avoid…
Read More7 Cash Flow Mistakes Made by 98% of Business Owners
Cash flow describes the total amount of money that moves into and out of your business, including financing, payments, and more. It’s basically the life of your business! A successful company is a company that manages its cash flow well. Because cash flow is so important, any issues with it can seriously disrupt your entire…
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