Blog

3 Tips To Improving Productivity Among Your Small Business

Learn to increase the productivity of your business.

As a small business owner, chances are you have a limited number of resources and a finite amount of time to accomplish tasks on a daily basis.  It is essential that you learn how to use your resources wisely to make a profit.  The key to having a constant stream of revenue and maintaining a profit for a small business is to be as productive as possible.  So, you need to learn how to use all of your employees wisely.  Luckily, there are a few simple tips to improving the productivity of your small business. Continue reading “3 Tips To Improving Productivity Among Your Small Business”

How To Organize Your Small Business

Learn how to organize your small business.

When it comes to running a small business, you want to be as productive as possible, especially if you are just starting out.  If you want to have a productive business, you first need to work on being organized.  The key is to create systems and procedures to allow for an organized work environment for all of your employees.  Luckily, there are a few simple tips for organizing your small business. Continue reading “How To Organize Your Small Business”

3 Simple Ways To Improve Customer Retention

Learn how to improve your customer retention rates for your business.

For a small business, it can be difficult acquiring a new customer, let alone maintaining your current customer base.  Often times, we focus so much on bringing in new business that we forget about making sure that the clients we currently have are happy. Customer loyalty is the real key to increasing sales, and ultimately, improving the revenue and profits of your business.  The professionals at PL Consulting specialize in customer retention and growth.  Luckily, there are a few simple ways to retain customers at your business. Continue reading “3 Simple Ways To Improve Customer Retention”

How To Boost Cash Flow For Your Small Business

Learn how to improve the cash flow of your business.

Several elements need to come together to keep a small business running.  One of the most important aspects is cash flow, which is the total amount of money, physical or virtual, transferred in and out of a business.  Having cash flow consistently into your business keeps your employees paid and the lights on.  You need to learn how to convert sales into cash consistently and quickly so that you can build a safety net for the future.  Luckily, there are a few simple tips to boosting cash flow for your small business. Continue reading “How To Boost Cash Flow For Your Small Business”

3 Tips To Improving Your Accounts Payable Process

Learn how to improve your accounts payable process.

As a small business, you need to purchase supplies and items to maintain daily operations.  Many times when you purchase an item from a vendor or supplier, they send an invoice, which is a part of your accounts payable process.  The accounts payable process refers to a set of practices and policies set by a company to manage its vendor purchases.  If you do not manage your invoices well, it can result in late payments, damaged relationships, and poor cash flow.  Luckily, there are few simple tips to improving your accounts payable process. Continue reading “3 Tips To Improving Your Accounts Payable Process”

Do You Want To Improve Your Payroll Process?

Learn how to make your payroll system be more efficient.

One of the most important tasks of any business is to pay their employees on a consistent and timely basis.  However, if you are a small business just starting out, that might be easier said than done.  Having an efficient payroll management system involves patience and having an extensive knowledge of state and federal tax requirements.  Luckily, there are a few simple tips to improving your payroll process so that your employees can get paid consistently and accurately. Continue reading “Do You Want To Improve Your Payroll Process?”

3 Simple Ways To Enhance Your Retirement Savings

Learn the best ways to plan for your retirement.

You have been running your small business for a few years, and it is becoming more and more profitable.  You are excited about your recent success, and you want to develop ways to expand on this success.  However, it is important to think about your financial health as well.  You want to ensure that you are well off once you are ready to sell or leave your business when you hit retirement age.  Luckily, there are a few simple tips to follow when it comes to retirement planning. Continue reading “3 Simple Ways To Enhance Your Retirement Savings”

1099 v. W-2: Which Tax Form Should You Fill Out

Learn about which tax forms to fill out.

Whether you are an employee or employer, filling out the right forms can a confusing and stressful process.  As an employer, you need to make sure you are classifying all of your workers correctly and giving them forms that correlate to their position.  If you are working for a company, you need to know if you are a contractor or an employee.  When working for a company, there are two forms you need to be aware of once tax season comes around. Continue reading “1099 v. W-2: Which Tax Form Should You Fill Out”

3 Simple Ways To Increase The Profitability Of Your Small Business

Learn how to increase the profits of your business.

Whether you have just got your small business off the ground or you have been running it for years, you need to focus on making a profit.  Not only making a profit, but constantly executing new tactics to increase that profit.  Almost two-thirds of small business did not make a profit or failed to increase their profit last year.  Luckily, there are few simple tips you can follow so that you can increase the profit of your small business.   Continue reading “3 Simple Ways To Increase The Profitability Of Your Small Business”

What to Know About Managing Your Payroll

Learn a few tips to managing your business’s payroll.

Starting a business is not easy, but maintaining a business can be even harder. As you are experienced in what your business offers, there is a lack of knowledge in successfully running a business like HR, taxes, and payroll. If you want to expand your business, but still pick up basic knowledge about the payroll department, here is what you need to know about managing your payroll. Continue reading “What to Know About Managing Your Payroll”