Attention Small Business Owners: Master Your Business Financials & Use Software to Organize Your Financial Records for Long-Term Business Success
As a small business owner, mastering your finances is key to long-term success. It’s essential that you have a good understanding of finance and stay on top of your business financials through regular updates and reports. In this article, courtesy of the Wheaton Chamber of Commerce, we’ll discuss the basic financial literacy and knowledge that you need, the steps you can take to improve your financial knowledge, software you can use to manage your finances, and how to stay organized. Basic Financial
Incfile Launches $2,500 Small Business Grants and Scholarships
Incfile recently launched a small business grant and scholarship program for hopeful and current entrepreneurs. The Fresh Start Business Grant and the Young Entrepreneur Scholarship Grant are $2,500 each. This is an ongoing opportunity, with one grant and one scholarship winner each quarter. The upcoming deadline is March 31st, 2023. The inaugural winners, Brandon and Arielle, showed their fierce determination and unique entrepreneurial vision, helping them stand out among other applications. Check out
How to Decide What Type of Business Option is Right for You to Start in Wheaton, Illinois
It can be hard to know where to start when you’re thinking of opening your own business. The most important thing is to choose something that is aligned with your skills and experience. Here are some tips on opening the right kind of business for you in Wheaton, Illinois. Assessing Your Skills and Experience The first step in deciding what type of business to start is assessing your skills and experience. What are you good at? What do youenjoy doing? Answeringthese questions will help you narrow
10 Tips for a Successful Fourth Quarter
The fourth quarter is an important time for businesses. This is the time of year when many businesses focus on meeting their annual goals and preparing for the year ahead. There are a lot of moving parts to consider, but with some careful planning, you can ensure a strong finish to the year. Here are 10 tips from the Wheaton Chamber of Commerce to help you prepare for the fourth quarter: 1. Organizing Your Finances and Preparing Your Taxes One of the first things you should do as you start
Data Visualization Basics for Wheaton, IL Businesses: Essential Guide to Getting Started
Visual data is the ultimate tool for all businesses. When done right, data visualization takes complex information and boils it down to a simple, attention-grabbing, and digestible image. This image is critical, as it can add value to your internal operational processes, marketing, and so much more. Want to learn more about data visualization and what it means? The Wheaton Chamber of Commerce shares all the essential information you need to know below. What Is Data Visualization? Data
Becoming a Local Entrepreneur in Wheaton, IL
Being a business owner can be an exciting prospect. You get to contribute to the local community, potentially provide employment, and live a comfortable lifestyle if successful. If you follow certain steps, you can minimize the risk of making costly mistakes when starting or operating the business. How to Start a Business in Wheaton If you want to be an entrepreneur in Wheaton, you must file documents and apply for an employer identification number to operate legitimately. You’ll also need to consider
Negotiating to Arrive at the Outcome You Want
Negotiating with someone else for desired outcomes is an everyday activity, though most people don't consciously notice it. Everyone engages in negotiations with other people over everything from where to buy dinner to more involved subjects, such as the details of a sales contract. If you have to negotiate for business needs, though, it's a good idea to have a solid understanding of the mechanics of realizing desired outcomes from the process and when it may be necessary to walk away.Mutual Benefit: 5