Larry Reid

20 Flips | 1 Magazine | 8 Likes | 1 Following | 2 Followers | @LarryReid5i4s | "Born in Chicago".  35 years a damn Yankee.  Business Owner and  Small Business Consultant

Five easy bookkeeping mistakes to avoid

Love it or hate it (and we know which camp we’re in!), bookkeeping is a necessity if you’re a freelancer or run your own business. But much as you …

Which Small Business Records Do You Need to Keep?

Business owners need to know which small business records to keep and for how long. The IRS suggests keeping supporting documents that provide …

5 Reasons People May Not Be Following Your Leadership

There are times throughout a leader's tenure that he/she must look behind them and see if anyone is following. Are the goals that have been set being accomplished? Is the organization moving in a positive direction? Are people working together to achieve the desired outcomes?<p>Losing your influence …

Tips & Templates for Creating a Work Schedule in Excel

Advertisement<p>Creating a work schedule is <i>not</i> easy. Whether your team of employees is as large as a few dozen or as small as a handful, finding a way …

Five Tips for the Cutting Costs of Your Small Business | Inc.com

It's not how much you make, it's how much you keep.<p>That old adage applies equally as well for individuals and for small businesses. Managing costs is key to having a healthy cash flow and a profitable company. Entrepreneurs should constantly monitor the financial state of their businesses to …

Small Business

5 Tips for Success When Your Business Partner is Your S.O.

Boll & Branch founders share their tips for a successful marriage and business partnership.<p>Launching and owning a business is similar to acquiring a …

6 Tips to Scale Your Service Business | Inc.com

Owning a service business can be tough, and <i>running</i> a service business day in and day out can be even tougher.<p>For many owners, building a service business stopped being fun a long time ago and somehow mutated into a "job."<p>Having coached so many service-business owners, not to mention owning multiple …

Small Business

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The Business Owners Guide -- SWOT Analysis

28 Ideas for Becoming 5 Times More Productive Every Week

You may be doing most things right to get the best of your week but results of your hard work may not so impressive. Maybe it’s your focus and …

6 things every small business owner should invest in

If you're trying to grow a healthy small business, there are some investments that are worth every penny in the long run.<p>Here are six things worth the investment for small business owners:<p>Setting up social media accounts and a basic website can be cheap — if not completely free — but unless you're …

What You Need To Know Before Taking On The Family Business

Taking over a family business brings a great deal of pressure. You know your family is counting on you to keep the business thriving or even pull it …

The 4 Forces That Drive Family Business Success

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Research shows that 30 percent of family businesses make it to their second generation and only 12 percent make it to their third. Daunting statistics like these make you wonder what the 12 percent have that the others don’t. Why does one …

Making Better Decisions in Your Family Business

The decisions facing business families can be gut wrenching – and the implications of these decisions can be huge both for the future of the family and also of the business: “Who should the next CEO be – my daughter or my son?” “Should we buy our cousin out of the business?” “Can non-family …

Taking another direction – how to handle a business break-up

Directioners’ fears were confirmed last month as news surfaced that One Direction was parting ways after limping on stoically since Zayn Malik’s exit in March.<p>Breakups are hard, and not just for boy bands. Small businesses can also risk unravelling if a core member decides to leave. It’s essential …

Small Business

Business owners struggle to ease work-life imbalance

When Hannah Cook set up Mendip Accounting Solutions in 2005, the idea was to create a career for herself that would fit around her family plans. Since then she’s had three children – and taken no more than two weeks’ maternity leave with each baby’s arrival.<p>“I’d been going for about three years …

Mental Health

Important Tips for Small Business Budgeting

Starting a small business becomes the runway for those with relatively limited budget. Especially for beginner, it may be hard to manage finances …