Finances and Wealth Archives - Her Business Directory™

How to Create Your Money Systems – Everything from Invoicing To Tax Preparation

Here’s an all-too-common scenario: A seemingly successful coach (or service provider) is hard at work growing her business. She’s working lots of hours, and her hourly rate is respectable. But her cash flow is dismal.

Why?

Because she’s working so hard that finding the time to actually take control of her money is impossible.

Invoices don’t get sent on time. Past due balances are ignored. Taxes aren’t done. And maybe worst of all, she’s got dozens of recurring payments that go out automatically each and every month, and she has no idea what they are or if she’s even using the programs she’s paying for.

Sound familiar? Sadly, that’s exactly what a lot of “successful” businesses look like. When you work at home, and you’re accountable to no one but yourself, it’s far too easy to let these little things slide until, like an avalanche, they have a devastating effect on your business.

The good news is, cleaning it up is easy, whe…

134+ Grants, Loans and Scholarships for Women

Welcome to HER Business Listings Directory of 134 Grants, loans and scholarships for women resource + 7 NEW GRANTS JUST ADDED. This list has been compiled to help women easily find funding resources without having to do an extensive web search As of publication date, all links have been checked for accuracy. Should you offer grants, loans or scholarships for women or know of additional resources feel free to leave them in the comments section below. Also do let us know if you find any broken links or irrelevant resources. This is a dynamic list and as such will be reviewed and updated for accuracy frequently. SCHOLARSHIPS & GRANTS FOR WOMEN 1. The Amber Foundation ~ https://ambergrantsforwomen.com/about-us/ 2. School of Computer Science ~ http://women.cs.cmu.edu/Resources/Funding/ 3. Women's Fund of Central Ohio ~ www.womensfundcentralohio.org/ 4. Scholarships for Mom ~ http://scholarships4moms.net/scholarship-application-for-moms 5. The Asia Foundatio…

How To be Successful at Small Business Bartering

Running a small business can be pricey. This is the main reason why businesses look to barter with each other and save money. Bartering comes in all forms and applies to many different aspects of the business – goods, services or even advice. Seeking out a business to barter with may not be as difficult as you may think. See below for some ideas on how to get your business started with bartering. Business bartering is trading goods or services with another business’ goods or services. The idea is to save money, yet gain the tools needed to run your business. Bartering is the exchange of items without forking out the cash. However, be aware that you are still expected to report to the IRS the value of the items which you have traded. If you find that your company is slow to grow or is not bringing in the cash flow needed to sustain, bartering may work out better for you. Bartering can help to preserve your company’s capital assets. If you find that you are moving inventory…

How to Raise Money in Difficult Times

Just because the banks aren’t giving out loans as easily as they used to doesn’t mean you have to give up on your dreams to start a business. Raising funding just requires a little bit of creativity and a whole lot of perseverance and determination. Here are a few ideas on how to raise funding in difficult times. * Sell your stuff. Small business experts from around the world are recommending aspiring business owners stop knocking on the doors of banks and start looking around their homes, garages, closets and attics to find valuables to sell. Ebay, garage sales and consignment stores are all great places to sell your stuff and raise the money you need to see your business dreams become a reality. * Partner up. Be creative and seek business partners. Forging mutually beneficial business relationships can really help you get where you need to go with little or no funding required. For example, if you’re looking to open a marketing business but need a website up and run…

Is Borrowing from Your 401(k) a Good Idea? Weighing the Pros and Cons

By Charisse Mackenzie It’s nice to have a 401(k), but how helpful or damaging is it to dip into your retirement savings to cover an unexpected expense, to pay down a deluge of debt, or to make a major purchase? Some people borrow from their 401(k) for those reasons and others, such as helping a family member, paying for large medical expenses, funding a business startup or going on vacation. There are pros and cons, and those considering the option need to balance long-term impacts with their immediate needs for tapping into what should be a long-term retirement savings account. “Most financial experts caution against borrowing from your 401(k),” says Charisse Mackenzie (www.saturnwealth.com), a financial advisor. “But they also concede that a loan may be a more appropriate alternative to an outright distribution, if the funds are absolutely needed.” Mackenzie lists a few of the advantages and the disadvantages of borrowing from a 401(k): PROS No credit c…

A Great Way To Earn Some Quick Cash

Do you want to add several zeros to your current income? Well, assuming that you already have your audience, there are several quick cash infusions that you can turn to.

Know Your Consistent Customers - If you analyze your existing customer base, you can identify your prospect and those who have already purchased from you. From this analyses, you can know the buyers who are ready to make a huge purchase from you; these are your best buyers whom you should focus your efforts on. You can also refine your list by identifying your repeat customers or buyers who have made huge purchases from you.

Talk to Your Consistent Customers - You can give your list of buyers a call if you have their phone numbers or you can send them an email. Ask them what they need most and the areas you can improve to suit their needs better. Ask them what else you can offer them. This will help you offer products that are tailored to meet their needs.

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