TFO Solutions

As a small business owner should you use credit cards to finance your business?

Using a Credit Card To Finance Your Small Business While using a credit card is one way to finance your small business, it may not be the best option. Find out the pros and cons, and if it can work for your business.

Who’s next in line to run this place (or, I had another birthday and need to be thinking about how to transition financially). What's your succession plan?

Succession Planning For Owners Of Small And Medium Businesses The most common reason for not creating a succession plan is that the owner doesn’t know where to start. And the hardest task to begin is the task that does not have clear first steps. But the first three steps are easy to get started on.

You want to reward your staff with a bonus. But how will it impact your bottom line? Or maybe a raise is a better idea. A little food for thought here.

Business Owners: Is It Better to Give Raises or Bonuses? Weigh the pros and cons of each and strike the right balance to retain a top-tier staff and a healthy bottom line for your business.

What are you doing to prepare for and then weather an economic downturn?

How to Weather an Economic Downturn | TFO Solutions LLC The economy is cyclic. So it is only a matter of time before you and your business experience a downturn. But there is good news: things will come back. Or so says history. And, at the moment, we are living...