Posted on March 11, 2013 by Ty Kiisel in Blog, Ty Kiisel
Although I’m not a CPA or what I would call a legitimate accountant, I have some small business bookkeeping experience—and like every other small business owner I know, I know that cash flow is king. Poor cash flow has been the demise of many small businesses, while a strong cash position makes it possible for [...]
Posted on March 8, 2013 by Ty Kiisel in Blog, Ty Kiisel
Because today is International Women’s Day, it just makes sense to celebrate all the women entrepreneurs building successful businesses. A couple of months back, Lendio CEO Brock Blake and entrepreneur Vivian Bohme of Bohme Botique were on the local news talking about women entrepreneurs and financing women-owned businesses, check it out.
Posted on March 6, 2013 by Ty Kiisel in Blog, Ty Kiisel
Who do you pay the most in your business? I think we all know that we shouldn’t discriminate based upon sex, ethnicity, and appearance—but is that how it falls out in the real world? Although none of these criteria have anything to do with how well you do your job, according to Aaron Gouveia, we [...]
Posted on March 4, 2013 by Ty Kiisel in Blog, Ty Kiisel
If you can’t answer the question, “Why us?” everything becomes based on price. I’ve mentioned this before, I grew up in a small business. We sold industrial supplies, primarily bolts and nuts. I’m not sure there is any more of a commodity business than that. We worked very hard to leverage expertise to help our [...]
Posted on March 1, 2013 by Ty Kiisel in Blog, Ty Kiisel
Despite the machinations of our political leaders in Washington, I don’t plan to put my dreams on hold just because the brainiacs in Congress and the White House can’t seem to get along. Hopefully the nearly 30 million small business owners will join me in refusing to allow one contrived crisis after another, manufactured by [...]
Posted on February 28, 2013 by Ty Kiisel in Blog, Ty Kiisel
Not too far from where I live there is a very good Chinese restaurant. The food is delicious, the service is exemplary, and it’s not too expensive. Every time we go there we’re greeted by a friendly maitre d’ who directs the hostess and the rest of the staff. Last night, after running some errands, [...]
Posted on February 25, 2013 by Ty Kiisel in Blog, Ty Kiisel
Despite studies from Stanford, the University of Texas, the Bureau of Labor Statistics, and others that suggest call center employees increased their performance by 13 percent working from home, most people who work from home add five to seven hours to their workweek compared to those who work exclusively at the office, fewer folks who [...]
Posted on February 20, 2013 by Ty Kiisel in Blog, Ty Kiisel
I’m a big advocate of social media, including Facebook, but whether or not it’s right for your business depends largely upon what you expect it to do and the type of business you’re in. Having been active in social media in the B2B space for the last several years, I often compare what we’re doing [...]
Posted on February 19, 2013 by Ty Kiisel in Blog, Ty Kiisel
Believe it or not, Oceanside California is thinking about stepping in where some banks fear to tread. According to a recent piece on UTSanDiego.com, City Manager Peter Weiss and Economic Development Coordinator Tracey Bohlen are considering a tentative proposal to use $500,000 of a projected $1.3 million budget surplus to offer low interest loans to [...]
Posted on February 13, 2013 by Ty Kiisel in Blog, Ty Kiisel
There’s no question, access to capital is a critical component of growth for many companies. In fact, when we ask our customers, “funding growth and working capital,” are the two biggest reasons they visit Lendio in the first place. Jeff Haden of Inc.com and Ashish Rangnekar, co-founder of Bench Prep, offer some great advice to [...]