As we move through 2023, we are noticing a troubling trend affecting small businesses in general and even some of our clients: acquiring loans is becoming increasingly difficult. A perfect storm of rising interest rates, stricter lending standards, and new financial disclosure regulations are creating significant hurdles. We believe in the power of understanding and education to navigate these … [Read more...]
Why Every Small Business Needs A Management Team
Even though small businesses may not have the budget to hire full-time employees in all areas critical to running their business, every small business can build a diverse management team of contractors, service providers, and consultants with complementary skills. The key positions and roles to build a small business management team are:Bookkeeping and Accounting Certified Public … [Read more...]
COVID-19: IRS and SBA Assistance for Small Businesses
At Ten Key, we’re ready to help you through the difficulties your business may be experiencing due to the novel coronavirus pandemic. There are a number of resources becoming available for small businesses who are impacted by this situation. We’ve provided details and links below, and will continue to update as we receive more information. THIS PAGE WAS LAST UPDATED ON FRIDAY, MARCH 27, 2020 … [Read more...]
Lessons I’ve Learned in 10 Years of Ten Key, Inc.
This month marks Ten Key’s 10th year in business. It’s an important milestone. Statistically, only about one in three small businesses will make it this long. But as with everything we do, it’s not just about the numbers. It’s about the people. … [Read more...]
Teaching Your Kids About Money
As parents, we want our children to grow up to be successful adults with full, stable lives. While every child’s path to success is unique, financial stability is a key part of it. We want to help our sons and daughters avoid pitfalls like money worries, debt, or living paycheck to paycheck — but how? Schools don’t teach about money Financial literacy is, unfortunately, not part of the … [Read more...]