We now look at eight characteristics important to successful businesses. International researchers who have studied many small businesses have found that these characteristics consistently play a part in the success of small companies.

The success of any business, large or small, depends largely on nurturing an efficient, productive workplace. While improving employee productivity should always be a priority when the ultimate goal is a sustainable and profitable business, the process is easier said than done. Below are some of the most effective methods of managing a productive, happy workplace while increasing output.

Each month, members of the MATAX team pick their favorite of the month.  Here are the selections for May 2021.

Without knowing your break-even point, you can’t make informed business decisions.

According to recent research, a staggering two-thirds of US millionaire-owned businesses are operating without a succession plan—and even fewer small business owners around the globe are prepared for their CEO’s eventual exit.

In this article, we will give you some smart and practical tips that you might not have considered to lessen your costs while maintaining employee and customer satisfaction.

Each month, members of the MATAX team pick their favorite of the month.  Here are the selections for April.

Some small business owners find themselves in the difficult position of running a business that appears to be profitable, but still having no money in the bank. It’s an important situation to address. After all, a lack of adequate cash flow is one of the main causes of small business failure.

Having total control over your finances can give you an amazing sense of freedom. However, it takes a lot of discipline and hard work for you to be able to achieve this.

Maintaining positive cash flow can be challenging for small businesses, whether you’re just starting out or have been running your company for years.

These tips will help you get paid faster, so you can avoid a dangerous cash flow crunch.

Each month, members of the MATAX team pick their favorite of the month.  Here are the selections for March 2021.

Digital signing, versus the traditional “wet” signature, has become increasingly popular in recent years.  More and more countries across the globe have endorsed the legal validity of digital signing, enabling businesses to digitize entire workflows and further optimize management processes.

Business dashboards are a valuable business intelligence tool, offering an “at-a-glance” big picture view of a company’s performance.

Adding the right applications to your business can streamline operations, create efficient processes and save you time and money.  But where to start? Each month, members of the MATAX team pick their favorite of the month.  Here are the selections for February 2021.

Many small business owners tend to handle their own accounting and bookkeeping, especially when they’ve just started out. However, keeping track of the finance-side of the business– everything from income to expenses to tax compliance– can be overwhelming.

So you’ve set up your business and sold some products and services. Now, you have to send an invoice to collect your payment. But what should you include on your invoices in order to get paid faster?

There are all kinds of groups dedicated to networking. Some are highly structured with performance requirements, exclusive membership, and the payment of dues. Others are free form, come as you please and no charge.

Adding the right applications to your business can streamline operations, create efficient processes, and save you time and money.  But where to start?  There are 1,000’s of applications out there, many solving the same or similar issues. Each month, members of the MATAX team pick their favorite of the month.  Here are the selections for January 2021.

As another year winds down, it’s a good time to reflect on your recent business successes – and consider what you’d like to achieve in the coming twelve to fifteen months.

These tips can help you with the process of making plans to help guide your business to greater success

The turn of the year usually prompts most people to think about some business planning for the year ahead. Here are some tips to make the planning more productive.