SFTV E0006: Be Prepared
Sometimes, the news about a thing can be just as bad or worse than the thing itself. Let’s hope that’s true in this case. It helps to have a disaster plan either way.
SFTV E0005: Don’t get burned by a “cool,” fast loan
Merchant cash advances or “credit card receivables financing” may offer a quick injection of cash into your business, but there’s a high cost for quick money. These loans are cool now, but don’t get burned!
SFTV E0004: Check Your Checks!
If you’re not reconciling your business bank account monthly, you could be setting yourself up to be a victim of fraud.
SFTV E0003: Make Your Strengths and Weaknesses Work for You
Use this simple tool to make your strengths and weaknesses work for you.
SFTV E0002: Take stock of your weaknesses
If you’re not deliberate in identifying your weaknesses, their effects can sneak up on you and harm your business.
SFTV Episode 0001
Welcome to a new feature Sequoyah Fund is offering called Sequoyah Fund Television (SFTV, for short). Each episode will offer a small bite of information to help you run a more profitable business. We welcome your feedback and topic suggestions.
Failure Doesn’t Always Look Like Failure
Drowning doesn’t look like drowning – at least not the way it’s portrayed on television and in movies. There’s something called the Instinctual Drowning Response that allows people – mainly children – to drown, often within mere feet of a potential rescuer. But what the heck does this have to do with small business? An […]
Do You Make Customers Swoon?
Swoon: Verb/swo͞on/ Faint from extreme emotion. While conducting entrepreneurship training in Greenville, NC this week, we took the trainees to a renowned local BBQ restaurant. One of the trainees is from New Jersey and asked if the group would recommend what she should order. Not being from the South, it was clear that she should […]
You Are What You Listen To
What are you doing with that 30 minute drive, that 15 minute wait, or that 45 minute workout? What’s going on in your head during that time? More to the point, what’s going INTO your head? Are you turning downtime into productive time or are you just being entertained? I’m a music junky. My Spotify […]
Why Small Businesses Fail
Visual Capitalist has put together an interesting infographic on why small businesses fail. While we think this graphic has lots of good information, it doesn’t tell the whole story. SEE THE INFOGRAPHIC HERE For instance, 82% of businesses experience cash flow problems. This is listed as a cause of failure, but what causes the cash […]