Smart and successful business owners know how to manage their finances throughout the year. Weekly, monthly and annual check-ins may be necessary to make sure business operations are on track for where you want to go. If it’s too much for a business owner to check in regularly, the halfway point during the year is … Continue reading Quick Checklist for Small Businesses
Cash can be an invaluable safety net for a small business. Having enough cash on hand during lean times or for an unexpected emergency is crucial to your business’ survival — and future growth. But too much cash can mean money not being put toward its best use. It’s a general rule of business to … Continue reading How Much is Too Much Cash?
Learn how outsourcing some operations can grow your bottom line. As a small business owner, you often have to wear many hats — if not all of them. Reputation is everything in business, and the best owners know they must be hands-on if they want to have happy customers. But, as a business owner, if … Continue reading Build Your Business from the Outside
Generating cash to meet overhead, payroll and other monthly expenses gets more difficult when business takes a turn. No matter what the industry, when work slows down, accounts receivables can get stretched from 30 days to 45 or 60 and even beyond that. That’s why it’s important to stay on top of it at all … Continue reading The Best-Kept Secret to Preserving Cash Flow