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Finance Friday: November 8, 2013

The first in our series of posts that highlights this week’s finance news stories. 

Business Finance

Three Simple Steps To Avoid Business Disaster
I knew from previous experience that there are few things that can have a more damaging effect on a burgeoning small business than an unintended consequence. Learning how to identify and prevent potential unintended consequences has been hugely important for me as an entrepreneur, and I assure you, it needs to be important to you too. (via forbes.com)

How Going Green Can Make Your Business Money
A new survey by Green America, EcoVentures International, and the Association for Enterprise Opportunity found that embracing green practices is likely to boost a small business’s bottom line. (via blog.intuit.com)

5 Simple Ways to Increase Your Small Business Cash Flow
Growing a business is a labor of love. Sometimes there’s plenty of cash on hand, and other times … well, there’s just not. And often as you’re growing, there’s trial and error involved as you figure out your cash rhythms. You can’t always control your circumstances, and planning ahead to have extra cash on hand is of course your best bet. So for those of us in the “real” world of running a small business with its ups, downs, and sleepless nights, here are five ideas to help increase your small business cash flow ASAP. (via smallbusiness.foxbusiness.com)

Security

3 Ways to Protect Your Small Business from Bank Fraud
In the case of hackers, cybercriminals will often target email accounts to get their victims’ bank credentials. BC Krishna, CEO of online payment solution provider MineralTree, said that small businesses are often the victims of these fraud schemes.”(via businessnewsdaily.com)

6 Simple Steps to Protecting Company Data … Online and Off
Recent research from Shred-it revealed that businesses of all sizes lack awareness about proper information security policies and procedures, and are not regularly training their staff on these information security processes. (via smallbusiness.foxbusiness.com)

Events

Nov. 4-11 is Veterans Small Business Week
On Monday, the U.S. Small Business Administration (SBA) kicked off the Veterans Small Business Week, an annual initiative that reaches out to military veterans  who have since become entrepreneurs and small business owners. Veterans Small Business Week is being recognized this year from November 4 to 11 and is part of the agency’s work to help veteran business owners access the tools and capital they need to start or grow a business. (via cpapracticeadvisor.com)

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