Manage your cash flow or else! I’m sure you’ve heard this before in podcasts or read it in business books, but what does it truly mean and entail?
Tagged: cash flow
You need to work hard and be willing to take risks if you want to thrive during bad economic times. Follow these three steps diligently to stay ahead of your competition.
Whether you’re running a multi-million dollar company or a micro-business, two similar challenges are faced year after year: time and money — money and time.
Here are three ways to creatively and effectively grow your startup without relying on money from outside investors.
As a small business owner, you’re often told to hire someone to manage your finances, but you’re rarely given advice to make sure you hire the right person.
What happens when cash flow slows, and the bills pile up? In this article, we’ll look at who will get paid and who won’t.
Management of revenue streams is just as important as the creation of them. If systems aren’t in place to manage the influx of enquiries, sales and service then you will inevitably struggle, if not fail.
A mere few months of working at a loss can severely damage any reserves you have built up. Protect cash reserves you have by having these important flags in place to immediately warn you when your business finances are going off track.
Remember profit is the bottom line number. Maintaining a healthy bottom line is needed to achieve longevity. Begin by implementing these five strategies to increase your profit today.
A skilled accountant then, is your lifeline to sanity when running your own business. They help juggle the problems that you simply don’t have the expertise in dealing with …