Small Business Archives - Financial Poise

3 Advantages (and Disadvantages) of Owning a Franchise for Aspiring Entrepreneurs

Owning a franchise is a great way to transition from a corporate job to self-employment. But, the benefits of a franchise come with caveats.

For the best brand strategy, you must build a strong brand identity, position your product and meet expectations to improve perception.

Who is your niche and what do they want? Go beyond product and differentiate your brand by addressing these sales and marketing challenges.

Like Shiny Object Syndrome, we also fall trap to Shiny Service Syndrome. Learn how to evolve, not just survive, when chasing new services.

Improve your accounts receivable collections and increase your cash flow using these helpful calculations.

Many family businesses don’t survive into a third generation. Strong quarterly communication can aid family business transitions.

There are hundreds of blockchain use cases for small businesses. Learn about two: cannabis supply chain and digitized assets.

Go beyond simple data. Choose the right customer relationship management (CRM) tool and build stronger relationships with your clients.

The QBI deduction allows owners of most pass-through entities to deduct up to 20% of their QBI on their taxes. Are you eligible?

Companies with a customer-centric approach are 60% more profitable. Implement these strategies to retain customers and grow sales.