Imagine your business as a sink, and the revenue it generates being the water flowing in it from a faucet. Now, think of the sink again but this time with a leak that’s slowly dripping drop after drop. This persistent and annoying leak, if taken for granted, would over time Read more…
Profit optimization and profit maximization are two concepts that often get thrown around interchangeably. But, they shouldn’t because they represent fundamentally different approaches to running a company. And, frankly, the distinction matters more than you might realize. Companies with a sole focus on maximum profits typically end up struggling with Read more…
Filing for a large claim, such as the total loss of a home after a disaster, can be taxing for you as the policyholder. With other major problems and emergent concerns at hand to take care of, you might not have the energy, mindset or bandwidth to deal with the Read more…
Albany has come a long way since English navigator Henry Hudson, who was tasked by Dutch merchants to find a route to the Far East, landed on its shores in 1609. He didn’t accomplish this task, but he found Haudenosaunee (Iroquois) settlements willing to trade. Eventually, Dutch explorer Hendrick Christiaensen Read more…
Funds are the lifeline of a business. Capital is needed to start a business and financing solutions are also necessary to catapult the business into new levels of growth or expansion. It doesn’t matter if your business is a corporation, a partnership or a sole proprietorship, you’ll need funds to Read more…
For companies that heavily rely on some type of vehicle to run their day-to-day business, the task of buying a fleet of vehicles can be daunting. Not to mention the cost to purchase a whole fleet of vehicles at once may seem insurmountable for a small business just starting out. Read more…
If you’re planning to start a small business or operating one already, you need financial resources to keep it running smoothly and grow. You might need the financial resources to increase sales or pay for expenses to keep the business afloat. Sometimes it’s just not a good period, and you Read more…
There comes a time when you want to take your business to a higher level, and so you set the stage for it to grow. This scaling up of your business will allow it to expand and handle increased demand. This phase will require planning and, of course, funding. To Read more…
It’s a good idea to know how to hire a tailor before buying new clothes. Buying a tailored suit or dress not only ensures a better fit, but it can also save you money in the long run versus buying clothes off-the-rack. The first step to hiring a tailor is Read more…
A marketing budget defines how much you plan to spend to reach your marketing goals within a specific period of time. It is an important part of your business’s marketing plan, so you should put some time and thought into it. There are many areas to consider; media buying, printing, web Read more…