It's not uncommon for entrepreneurs to use the terms “growth” and “scale” interchangeably when talking about adding revenue to their small business. The terms do have a similar meaning with a critical difference.
Growing a business means that a business owner is adding revenue by adding more resources and higher costs to their operation. This could mean bringing on new clients and customers by adding a new location or building, purchasing new equipment or hiring more employees to meet the needs of those new clients.
11 Bank Wire Transfer Best Practices To Protect Your Business Finances and Prevent Wire Transfer Fraud
Safeguard your business from scams! Follow key wire transfer best practices and get helpful wire fraud prevention tips to ensure secure wire transfers.
Strengthening Financial Security: How Treasury Management Services Play a Key Role in Fraud Prevention
By: Jason Olson
Prevent fraud before it happens. From real-time alerts to automated payment verifications, treasury management solutions can help protect your business.
Using Short-Term Financing To Manage Cash Flow Fluctuations
By: Marcus Christensen
Don't let cash flow shortages disrupt your business’ operation. Read how short-term financing options can help you confidently manage through growth, seasonality, and/or unexpected disturbances.
Navigating Quarterly vs. Annual Tax Payments for Your Small Business
Don't be surprised by your tax liability. Understand the different requirements of quarterly and annual payments to help your business stay on track and manage money wisely.
Dustyn Wikert and Schuyler Johnson turned their college friendship into a restaurant and real estate venture, starting with the Nautical Okoboji. Learn how they did it.
When Kyle Weaver took over his grandfather’s butcher shop, he knew he was inheriting more than just a business — he was carrying on a legacy. Read how he’s continued the tradition.
Community Housing Initiatives Is Helping Iowans Thrive
By: Paul Daniels
Affordable housing is more than just a roof overhead — it’s the foundation for a better life. Read how Community Housing Initiatives is helping one Iowan at a time.