--- title: Small Business Coaching, Resources & Tools | EMyth Blog | Small Business Finance (2) description: Small Business Finance | The EMyth blog is the go-to resource for small business owners looking for help. You’ll find practical advice and simple tools to build a world-class business. (2) --- # Small Business Finance ![Smart Business Coach](https://www.emyth.com/hubfs/Smart-business-coach.png?auto=compress&fit=max) ## Request a free coaching session with a Certified EMyth Coach [![Talk to a Coach](https://no-cache.hubspot.com/cta/default/411995/14924c09-8a82-42d7-90b9-55a5c68c5989.png)](https://cta-redirect.hubspot.com/cta/redirect/411995/14924c09-8a82-42d7-90b9-55a5c68c5989) [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance)[Small Business Leadership](https://www.emyth.com/inside/topic/small-business-leadership)[Small Business Operations](https://www.emyth.com/inside/topic/small-business-operations) 3 min read ### [8 steps to effective negotiation](https://www.emyth.com/inside/8-steps-to-effective-business-negotiation) One of the essential skills for any business owner is negotiation. How well you can negotiate a favorable agreement or deal for your business makes the difference between growing to achieve your goals and not. There are so many different types of relationships—ones with your employees, your vendors, your customers... ![Remy Gervais - EMyth](https://emyth.imgix.net/images/Remy_Gervais%20_Blog%20Author_image%20100x100.png?w=80&h=80&fm=jpg&q=&fit=max) Remy Gervais [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance)[Small Business Leadership](https://www.emyth.com/inside/topic/small-business-leadership) 23 min read ### [One business owner’s experience: Applying for Paycheck Protection Program funds](https://www.emyth.com/inside/applying-for-paycheck-protection-program-funds) Just like so many of you, my company’s been hit hard by the coronavirus crisis. Since the end of February, I’ve woken up every morning relieved that today wasn’t the day I had to ask our Team to take a pay cut. Layoffs have been out of the question except as the last possible resort—and I’m just glad we haven’t re... ![Ilene Frahm - EMyth](https://app.hubspot.com/settings/avatar/bccfbf08d81171b066439619e9e012a6?w=80&h=80&fm=jpg&q=&fit=max) Ilene Frahm [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance)[Small Business Leadership](https://www.emyth.com/inside/topic/small-business-leadership) 4 min read ### [How to survive a financial crisis](https://www.emyth.com/inside/small-business-financial-survival-coronavirus) As a small business ourselves, we know that the national crisis of the coronavirus is likely creating unexpected financial challenges for many of you. We feel it, too. But the good news is that support for small business is coming, either through state or federal government assistance or through organizations offe... ![Tricia Huebner - EMyth](https://emyth.imgix.net/headshots/THuebner_450.jpg?w=80&h=80&fm=jpg&q=&fit=max) Tricia Huebner [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance)[Small Business Management](https://www.emyth.com/inside/topic/small-business-management) ### [Tips on managing a seasonal business](https://www.emyth.com/inside/how-to-run-a-seasonal-business) Many small businesses experience the bulk of their annual sales during a short season or cycle. For many retailers it’s the holidays. For fitness centers, January new years’ resolutions typically bump up new business only to dissipate in the summer months. Some businesses do amazingly well when the weather gets wa... ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance) ### [How to grow (and protect) your business by mastering your finances](https://www.emyth.com/inside/7-strategies-to-grow-and-protect-business-cash-flow) It’s tax season, a time when finance—and finance management—is on all my clients’ minds. So I usually take the opportunity to ask them: “Are you abdicating or delegating your finances to your accountant?” In other words: Do you defer to your accountant, waiting for them to give you financial results that’ll help y... ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance)[Starting a Business](https://www.emyth.com/inside/topic/starting-a-business) ### [Entrepreneurial artist to business owner](https://www.emyth.com/inside/business-skills-for-artists) Can you be a business owner and still be an artist? There are many talented and successful artists working hard every day to do what they love. Some people are able to periodically earn money with their passion, but for many artists, that income is not enough to consider it a “living.” ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance) ### [Stop overpaying your small business taxes](https://www.emyth.com/inside/stop-overpaying-your-small-business-taxes) The money you make in your business is hard-earned. It’s the reward for all of the sales calls, difficult client deadlines, and customer support challenges. So it’s hard to give it up to anyone—least of all the government. Yet, taxes are a part of doing business in almost every country on earth. And we want you to... ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Business Systems](https://www.emyth.com/inside/topic/business-systems)[Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance) ### [The financial tools and teammates you can't afford to live without](https://www.emyth.com/inside/the-financial-team-every-business-owner-needs) If, after reading part one and part two in this series, you’re starting to see the value in better understanding your financial performance, then we’re in a good place to move forward. If you’re thinking, “Sure, that all sounds good, but there’s no way I have time to put this much energy into tracking and thinking... ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance) ### [How healthy is your small business?](https://www.emyth.com/inside/small-business-financial-health-indicators) Perhaps you use Google Analytics to track every visitor to your website, right down to the country they’re visiting from. Maybe you even use wearable technology and a smartphone to measure the steps you take in a day or how much sleep you get at night. But what are you doing to measure the financial health of your... ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance) 4 min read ### [Reducing operating expenses](https://www.emyth.com/inside/how-to-reduce-operating-expenses-in-a-small-business) In this tumultuous economy, reducing operating expenses has emerged as the number one objective for business owners everywhere. So what are operating expenses? Operating expenses (also known as operational costs, fixed expenses, and indirect costs) comprise the expenditures that a business incurs as a result of pe... ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance) 3 min read ### [How to set financial goals and reach them](https://www.emyth.com/inside/how-to-set-financial-goals-and-reach-them-in-business) Making money is not the sole purpose of your business. It’s about creating something of value about which you are passionate and to which you are committed. ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance) ### [More sales isn't always the answer](https://www.emyth.com/inside/getting-to-the-root-cause-of-low-sales) "I need more sales." If I had a dime for every time I heard that from a client… Well, I’d probably have $20 by now. But seriously, the issue of sales (or lack thereof) comes up all the time; most often from clients who are just beginning the EMyth Coaching Program. ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Business Systems](https://www.emyth.com/inside/topic/business-systems)[Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance) 3 min read ### [Developing your small business cash management plan](https://www.emyth.com/inside/small-business-cash-management-system) Do you know how much cash you have? Do you know how that cash flows through your business? The amount of cash you have on hand is one of the most important metrics for the growth and survival of your company. As a business owner three of your primary financial responsibilities are: ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team [Managing Employees](https://www.emyth.com/inside/topic/managing-employees)[Small Business Finance](https://www.emyth.com/inside/topic/small-business-finance)[Small Business Operations](https://www.emyth.com/inside/topic/small-business-operations) ### [Creating an equitable compensation structure](https://www.emyth.com/inside/equitable-compensation) Deciding how to compensate your employees and, if you have partners, how to structure pay between them equitably is a topic of interest for our business owner clients. In this article I’ll touch on some of the important criteria from the EMyth perspective, helping you understand this critical component of your com... ![EMyth Team - EMyth](https://emyth.imgix.net/INSIDE-EMyth-300x300px.jpg?w=80&h=80&fm=jpg&q=&fit=max) EMyth Team