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illustration of business people in a meeting

Essential Tasks for Every Small Business

If you have difficulty viewing the infographic, you can find the text-version here, or download it as a PDF.

 

Infographic depicting different types of Fraud and Scams to look out for during a pandemic

 

Here is a text version of the Infographic content.

Don’t get lost in the day-to-day operations of your small business—these fundamentals will
help you secure your future.

ACCOUNTING

Your small business will live or die by its cash flow. With the right banking tools, services, and time-saving practices, you can make invoicing and payment collection easier. And when the time comes, you’ll have a solid financial foundation to receive and use conventional funding to grow your business.

  • Choose the most suitable accounting method.
  • Optimize cash flow.
  • Make smart banking decisions.
  • Streamline invoice and collection practices.
  • Prepare to finance your business growth.

MARKETING

Set your business up for success by avoiding the pitfall of under-marketing. With fine-tuned analytics, you can increase the effectiveness of your marketing campaign, saving (and making) money.

  • Understand your business, and the qualities that set it apart from your competitors.
  • Power your business with a measurable marketing plan.

RISK MANAGEMENT

The best way to protect your business is to plan ahead so that no matter what happens, you’re in control. Prepare for future disruptions to business and educate your employees about fraud prevention.

  • Protect your business from financial harm.
  • Limit exposure to fraud.
  • Control risk with personnel insurance.

TRANSITION PLANNING

The future of your business relies on the future of its leaders and employees. This means preparing for the exit of key team members and meeting your responsibilities for employee 401(k) plans.

  • Engage in succession planning.
  • Develop a retirement plan.

Get even more tips by downloading our Essential Tasks for Small Business checklist!

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