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StreetShares Blog - The Resource Center for Veteran Small Businesses

StreetShares Blog

The Resource Center for Veteran Small Businesses

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Time is Money: Measuring your Return on Technology
| StreetShares Blog

By StreetShares on July 16, 2018

It might be a bit cliché, but, when it comes to your business, time really is money. When determining your Return On Investment (ROI) and technology you need to make sure you are not spinning your wheels troubleshooting useless tech. Remember- technology should be there to help you conduct business, not deplete your time and financial resources!

Instead of wasting your valuable hours and money on aging and inefficient technology, you should consider swapping some of it out for newer, more comprehensive technical solutions. But what tech should you consider? What are some of the factors that play into a switch to new technology? How much would it cost- and would it actually end up saving you any money in the long run? We'll help you answer those questions and break down some ways to optimize your time and resources when it comes to your business tech. 

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6 Ways to Revamp your Small Business Budget
| StreetShares Blog

By StreetShares on July 12, 2018

There’s always room for improvement! Even successful businesses are always on the lookout for ways to reduce costs and reinvest more money. That’s why as a small business owner, you need to know exactly where and how your money is being spent. You may find that restructuring your budget is necessary to help your veteran-owned small business reach its goals. Consider these six simple ways to revamp your small business budget and work your way towards financial freedom!

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9 Low-Cost Ways to Invest in Business Operations
| StreetShares Blog

By StreetShares on July 11, 2018

Small business owners must constantly invest in their business’ operation. This may sound like an intimidating cost, but you can invest in your business operations without a big cash commitment- the trick is to make the investment part of your core values system. Here are nine effective and cost-efficient ways to invest in business operations and jump start your small business growth!

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5 Ways to Save Money Without Even Realizing It
| StreetShares Blog

By StreetShares on July 9, 2018

Small business owners must spend prudently. At the same time, they must also set money aside. Some of that money should be for personal needs, goals, and retirement. But, small business entrepreneurs must also save to grow their business, retain employees, and satisfy customers.

Business owners must be masters at managing their budget. A new business can basically count on cash flow problems from the beginning- they see money drain while they wait for income. Unfortunately, without cash on hand or at least accessible, the business has no liquidity; its only value is negative. While it’s impossible to turn things around overnight, there are easy ways to save money without realizing it and get into good financial habits!

 

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Why Your Small Business Needs to be Mobile Friendly
| StreetShares Blog

By StreetShares on July 5, 2018

The digital revolution is here. Today, over 2 billion people use smartphones across the globe and the numbers continue to rapidly grow. As a result, smartphones are opening fresh new opportunities for commerce. If you examine the Google Analytics data of your business website, chances are you’ll notice that most of your traffic comes from a mobile device. A small business looking for growth can take advantage of this massive number of potential clients by creating digital marketing platforms that are mobile friendly and suit the needs of these users. We’ll explore why your veteran-owned business needs to be mobile friendly and how you can take advantage of this technology to continue to grow your business.

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Is it Risky to Invest in Veteran Entrepreneurs?
| StreetShares Blog

By StreetShares on July 3, 2018

You don't have to tell us twice that veterans make amazing entrepreneurs- but is it risky to invest in the military veteran community? StreetShares CEO Mark L. Rockefeller recently shared a powerful anecdote from the early days of StreetShares that illuminates the power of the veteran community- and reminds us that we still have a long way to go in fighting unfair prejudice and stereotypes.

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StreetShares Foundation and Sam Adams Brewing the American Dream: Supporting Vetrepreneurs in Business After Military Life
| StreetShares Blog

By StreetShares on July 2, 2018

Check out Mark L. Rockefeller on CNBC this morning! He discussed how the StreetShares Foundation and Samuel Adams Brewing the American Dream are helping Veterans seize the dream of entrepreneurship. Our limited edition Boston Lager 12-packs benefitting the StreetShares Foundation will only be produced through July 4th- get yours today!

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Human Resources Needs Resources: Why You Need to Fund HR From Day One
| StreetShares Blog

By StreetShares on June 29, 2018

Human Resources doesn’t come free. And, unfortunately, small businesses commonly find managing HR issues a complicated and expensive problem. A business may not need an official Human Resources department until it reaches 150 or more employees, but HR issues start on day one. Even if your business never reaches this employee threshold, your company will have the same problems as a bigger one- just on a smaller scale.

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Understanding the New SAM.gov Login Process (Step by Step)
| StreetShares Blog

With all of the major changes coming to the System for Award Management (SAM) online login for government contractors, the following has been created to assist in what to do before and after June 29th 2018.

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What Are Cash Flows and How Do I Improve Mine?
| StreetShares Blog

By StreetShares on June 25, 2018

Just as the name suggests, cash flow involves the money coming in and going out of your business. If more money is coming into your business than moving out, you have a positive cash flow. This not only indicates that your business is gaining funds, but it also ensures you can meet your business needs- such as settling any outstanding debts, making investments, paying your employees, and managing other expenses. A positive cash flow is essential for business growth. However, if more money is flowing out of your business than is coming in, you are at risk of being overdrawn and unable to meet your vital expenses. Let’s explore how you can improve your cash flow and use that to achieve your business goals.

 

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