The worldwide pandemic and broadening technology have prompted huge changes in the workplace in recent years. Wide-ranging layoffs, dynamic spending habits, and record-high inflation have compelled many people to take on side jobs or part-time piece work to make ends meet. Many of these adjustments, while often unexpected, have not been unwelcome. Many new “Gig workers” have increased their income with their side hustles and are enjoying the newfound freedom in their schedules. If you’re considering taking on a side job or turning a hobby into a business in the coming year, you’ll want to consider the big picture regarding the Gig Economy.  Is it a good time to become an Independent Contractor? 

All businesses face unique difficulties - some are simply seasonal, while others are brought on by natural phenomena. Each company has a special set of tools at their disposal to manage each hardship, and their owners generally have a specific approach to finding a solution. There is one indispensable tool, however, that can be regularly used to keep any company running smoothly and help them learn how to navigate tough times: Cash Flow Management.

If you own or manage your own small business, you're probably busy monitoring operations and dealing with everyday problems. But there are five important aspects of your business strategy that you should review and update every year. These updates are essential for a successful business and and long-term personal achievement.