The next time you are talking finances and wedding venues with a couple, please keep in mind that the F&B minimum or the room rental is just a minimum spend or a point of entry.
Do you know which service professionals you should tip when you travel for business? How much and when do you tip? Check out this post.
Check out these legitimate deductions. Many say that these deductions are often overlooked by small business owners.
With the start of the new year a little bit more than two weeks away, this is a great time to ensure your financial papers are organized and ready for your accountant. Here is a checklist of what documents to toss, what to keep, and how long to keep them.
It’s pretty easy to panic. (And, no one would blame you for that!) But, here’s the deal — Criminals are quick, so you are going to need to panic later and act quickly. And, here is what you should do.
Not too long ago, a fellow entrepreneur asked me about credit card processing fees. She heard so many different opinions about them and she wanted to know my thoughts.
Not too long ago, I gave a presentation to a room of entrepreneurs. During my presentation, I mentioned the small profit margin that some new entrepreneurs may have during the first year or two of their business. After my presentation, I received several questions about an entrepreneur’s profit margin, so I provided a video below detailing “4 Key Things to Know About Your Company’s Profit Margin.”
But, here is the deal — You cannot make money if you don’t understand your money. And one of the things you need to understand is your company’s Burn Rate.
No matter what you choose to do (defer payment, cancel the contract, or set-up a new payment plan), consider following through on the five (5) steps below to protect your business; to maintain your customer care; and to keep the lines of communication open.
All new business owners want to know how to keep the cash flowing. Just in case you were wondering what the answers are, they are listed below.
Hey there trailblazer!
I’m Kawania (kuh won nee ah) and I own and lead two successful businesses in the creative industry.
When I started Howerton+Wooten Events in 2007, I found myself “googling” a bunch of business questions that aren’t always discussed in business books. You know what I’m talking about, right?!? Those “start up” challenges that keep you up until the wee hours in the morning.
Believe me, I’ve been there — That’s why I launched this blog. To provide you with a resource you can reference with those “middle of the night” questions as you launch, run and scale your own successful (and sustainable) business. There’s lots of information in this blog, so bookmark it and hit me up if you have any questions. We all need a little guidance every now and then, right? Take care friend. Keep shining!
Love and Soul Always, Kawania
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