Money is the primary gauge of your success as a small business owner. If your focus is centered on enhancing your value offering, creating a new value proposition or another component of business aside from money, it is time to partially pivot toward the financial side of the enterprise. Follow …
Cash Flow Articles and Interviews (tag)
Understanding Cashflow Finance: Complete Guide For Business Owners
Many business owners find cashflow to be a difficult topic. It's not just about the cash in your bank account - it's also how you manage cash flow throughout the year. There are many different ways to use cash, and even more when considering all of the other sources of growth capital that businesses …
Invoice Factoring: Is It Right for Your Company?
Cash flow is the moving force of any business. It determines the financial health of a company by showing how much liquid cash is on hand. However, when you've got more money going out than coming in, your cash flow is negative - and that is not a good thing for your business. All companies need …
How to Streamline Your Cash Flow in Times of Uncertainty
Carefully watching cash flow is one of the chief functions of your financial staff. However, unforeseen disruptions to the economic landscape can quickly change your cash position from positive to negative. COVID-19, for instance, precipitated a financial pandemic. Small business owners suddenly …
How to Write Terms & Conditions for Better Debt Collection Strategy
Owning and running a business can be a fun and rewarding experience in and of itself, but what many rookie business owners don’t realize is that debt collection can be a pain in the neck when they are not fully aware of the ins and outs. Avoiding Client Debt Money management and cash flow are an …
8 Actionable Ways You Can Improve Business Growth
Did you know there are four major reasons a business fails within the first five years? Those reasons include a lack of cash flow funding, the inability to retain a management team, faulty business models, and unhelpful marketing initiatives. If your company is not making progress, you may fear …