Fresno State Small Business University

12/16/2021

Check out our new webinars!
Grow Your (Email) List, Grow Your Business

https://www.youtube.com/watch?v=ovS2fpwhp0E

12/15/2021

Here're some Business Tips in the Financial Management area!

8. Set up good financial habits.
Establishing internal financial protocols, even if it's as simple as dedicating set time to review and update financial information, can go a long way in protecting the financial health of your business. Keeping up with your finances can help you mitigate fraud or risk.

9. Plan ahead.
There will always be business issues that need to be addressed today, but when it comes to your finances, you need to plan for the future. If you're not looking five to 10 years ahead, you are behind the competition.

12/09/2021

Check out our new webinars!
"Finding your MVP of minimum viable product"

https://studio.youtube.com/video/WaF1JgtchZ8/edit

12/09/2021

Here're some Business Tips in the Financial Management area!

6. Spread out tax payments.
If you have trouble saving for your quarterly estimated tax payments, make it a monthly payment instead. That way, you can treat tax payments like any other monthly operating expense.

7. Monitor your books.
This is an obvious practice, but a very important one. Do your best to set aside time each day or month to review and monitor your books, even if you're working with a bookkeeper. It will allow you to become more familiar with the finances of your business, but also provide you with a window into potential financial crime.

12/08/2021

Here're some Business Tips in the Financial Management area!

4. Keep good business credit
As your company grows, you may want to purchase more commercial real estate, acquire additional insurance policies and take out more loans to facilitate all these pursuits. With poor business credit, getting approval for all these transactions and acquisitions can be more difficult. To keep good credit, pay off all your debt funding as soon as possible. For example, don't let your business credit cards run a balance for more than a few weeks. Likewise, don't take out loans with interest rates that you can't afford. Only seek funding that you can quickly and easily repay.

5. Have a good billing strategy.
Every business owner has a client that is consistently late on its invoices and payments. Managing small business finances also means managing cash flow to ensure your business is operating at a healthy level on a day-to-day basis. If you're struggling to collect from certain customers or clients, it may be time to get creative with how you bill them.

12/07/2021

Here're some Business Tips in the Financial Management area!

2. Invest in growth.
Small business owners should always keep their eyes on the future. In addition to paying yourself, it's important to set aside money and look into growth opportunities. This can allow your business to thrive and move in a healthy financial direction.

3. Don’t be afraid of loans
Loans can be scary. They can lead to worrying about the financial repercussions that accompany failure. However, without the influx of capital, you obtain from loans, you may face substantial challenges when trying to purchase equipment or grow your team. You can also use loan proceeds to boost your cash flow and thus face fewer issues paying employees and suppliers on time.

12/06/2021

We are a week away from our last 2 webinars of the year! Our speakers from The USDA will discuss the programs & resources that are available for farmers.

12/13 - Noninsured Crop Disaster Assistance: https://bit.ly/3w2gFI0

12/16 - Tree Assistance Program: https://bit.ly/3nJSQC7

Our fall webinar series w/

wraps up in December! Don't miss your chance to learn how you can protect your operations while saving money!

12/13 - Noninsured Crop Disaster Assistance: https://bit.ly/3w2gFI0

12/16 - Tree Assistance Program: https://bit.ly/3nJSQC7

12/02/2021

Here're some Business Tips in the Financial Management area!

Pay yourself.
If you're running a small business, it can be easy to try and put everything into day-to-day operations. After all, that extra capital can often go a long way in helping your business grow. Small business owners shouldn't overlook their own role in the company and should compensate themselves accordingly. You want to ensure that your business and personal finances are in good shape.

Invest in growth.
Small business owners should always keep their eyes on the future. In addition to paying yourself, it's important to set aside money and look into growth opportunities. This can allow your business to thrive and move in a healthy financial direction.

12/01/2021

Why should you support locally owned businesses?

1. LOCAL CHARACTER AND PROSPERITY.
2. COMMUNITY WELL-BEING.
3. KEEPING DOLLARS IN THE LOCAL ECONOMY.
4. ENTREPRENEURSHIP.
5. PRODUCT DIVERSITY.
6. ENVIRONMENTAL SUSTAINABILITY.

Drop your favorite local restaurants in the comment!

12/01/2021

Here're some Business Tips in the Energy efficiency area!
5. Think outside your building.
Are you in control of the landscaping around your business? If so, you have a great opportunity to create energy savings for your small business with energy-efficient landscaping. Strategically planting trees to block winds or provide shade on hot summer days can help reduce your heating and cooling costs.

Here're some Business Tips for Business planning and management!

6. Launch an Ecommerce Website.
If you’re a brick-and-mortar merchant, making your products available for purchase online is a great way to extend your market reach. To do so, you’ll need to set up your website using an e-commerce platform, then focus your SEO and digital advertising efforts on attracting customers outside of your business’s physical location. On the other hand, you can create a store within a major e-commerce marketplace like Amazon or eBay. Having an e-commerce store within a major marketplace makes it easier for customers to discover your products or services.

11/24/2021

Our fall webinar series w/

wraps up in December! Don't miss your chance to learn how you can protect your operations while saving money!

12/13 - Noninsured Crop Disaster Assistance: https://bit.ly/3w2gFI0

12/16 - Tree Assistance Program: https://bit.ly/3nJSQC7

11/23/2021

Here're some Business Tips in the Energy efficiency area!

2. Purchase energy-efficient office equipment.
Before you buy or lease office electronics, check to see if they are ENERGY STAR-rated. An ENERGY STAR-rated appliance has been evaluated and deemed energy-efficient, which can save you money and help you manage your small business energy costs, especially in the long run.
3. Reduce Peak Demand.
One of the best ways to save electricity in an office is to reduce your peak demand. The phrase “peak demand” refers to the hours in a day when energy usage is at its highest. Peak demand times are typically normal office hours (9 a.m. to 5 pm). You can reduce your demand during this time by staggering work hours/start times, running heavy equipment and factory equipment during the evening and early morning hours, and conserving energy throughout the day.