The Source

Small Business

Specialization vs. Generalization: How to Hire the Best Team

5 minute read

June 25, 2024

Building a great company is like building a house: You'll need specialists such as carpenters, equipment operators, electricians, and plumbers. However, to manage these professionals, you'll want to hire a general contractor who can oversee...

7 Steps to Building a Solid Seasonal Business Budget

4 minute read

May 28, 2024

Seasonal businesses, like ice cream stands, ski resorts, and swim clubs, hold a smart lesson for all businesses: To keep afloat, they need to keep micro-focused on their revenue highs and lows. By anticipating when...

What to Consider When Changing the Name of Your Business

3 minute read

May 21, 2024

A lot has happened since you started Elm Street Hardware in 1999. Your post office is constantly sending important mail to Elm Street Pizza and Elm Street Yoga. Even more important for your brand, you're...

Know the 5 Most and Least Profitable Industries

6 minute read

April 16, 2024

Knowing how to identify a business's profit margin is key to spotting good opportunity. But it's not always easy to spot a winner or loser. Well at least in most cases. When your Cousin Ernie...

Three Simple Questions about Expanding Your Business

4 minute read

April 9, 2024

It's a high-quality problem: Your customers love you and clamor for more. But whether that means more pizzas, more spa services, or more dental visits, is it the right time to oblige them? According to...

9 Must-Read Books for Women Entrepreneurs

4 minute read

March 26, 2024

Your days move fast, so maybe reading a business book may seem like an excessive time commitment. But some ideas need more space than 240 characters or a 30-second video. These titles provide enduring insights...

A Quick Primer on Business Tax Deductions

5 minute read

March 21, 2024

When the IRS determines that you've paid them less than what's due, the consequences can be dire. But when you underestimate your tax deductions and credits, guess what? You're on your own – and you...

Avoid These Seven Common Business Tax Mistakes

6 minute read

March 12, 2024

What's the most unfortunate part of making a mistake in filing your business taxes? Yes, it's an audit notice. Being audited is probably one of the few business events that makes even missing a week...

Five Notable Women's Business Associations

4 minute read

March 5, 2024

Connections, recognition, encouragement, resources, inspiration: All great things that a female entrepreneur could always use more of, right? When you join a women's business association, you can find all of this — and more. And...