Cash Management

4 Factors That First-Time Entrepreneurs Must Not Forget

Becoming an entrepreneur has become popularized in recent years due to the success of Silicon Valley startups like Facebook and Google and celebrity entrepreneurs like Mark Cuban and Gary Vaynerchuk. Despite the popularity and glamour of building your own business empire, the realities can be harsh and cruel. Here are 4 factors first-time entrepreneurs must not forget when … [Read more...]

Cash Flow Caution: A Guide to Bank Reconciliation

Bank reconciliation is a process that is used to determine whether your company’s books are precisely in line with your bank statements at a given bank. It may not imply anything serious, it is important to sort out any discrepancies. The bank reconciliation process also ensures that your finances are in order and you have a complete picture of where your business is f … [Read more...]

4 Obstacles Businesses Face When Trying to Manage Their Finances

Offering a quality product or service is only one component of running a successful business. You also need an understanding of how to market that idea, get it to your customers, and make sure that your pricing model runs in step with your financial demands. While keeping your business afloat may seem like an arduous task, it’s a surmountable one. The following four obstacles a … [Read more...]

5 Replicable Traits of Wildly Successful Entrepreneurs

Starting your own business may seem daunting, especially if you don’t have any experience with entrepreneurship. If you are worried about being able to make your business a success, it is always helpful to turn to other entrepreneurs to see what you need to do. Learning from the example of others is one of the best ways to see what you should and shouldn’t be doing. Truly suc … [Read more...]

What is a Smart Safe And How Your Business Can Benefit From One

Does your business handle cash? If it does, there’s good news. Cash is still king. And it's likely to remain that way for decades—despite the buzz about digital payments. So you shouldn’t have to make sweeping changes in how customers pay you any time in the near future. Why will cash remain king? It's simple. Consumers prefer using it instead of other payment methods in many … [Read more...]