Having enough cash on hand during tough times is essential for any small business. When sales are slow, you need to pay your expenses and employees to keep operations flowing. Your incoming revenue and outgoing expenditures may not always tie together, which may create cash flow problems. Invoice factoring can help infuse the cash you need to build reserves during these difficult times. Here’s what you need to know about invoice factoring and how to use it to build cash reserves for your small business.

Are you on top of the variable expenses in your small business? Planning a budget can be difficult when some costs vary from month to month. These unforeseen expenses can eat away at profits essential for business growth and development. Here are six tips for managing small business variable expenses.

What is a solopreneur, and what kind of business can a solopreneur form or develop? The term “solopreneur” is often used interchangeably with "entrepreneur," "freelancer," "self-employed" or "small business owner,” perhaps since all of them will likely have to pay self-employment taxes and file 1099 forms. While any of these terms may be simultaneously valid for your business, there are distinctions between them.