Contact Us 800.405.6035
Contact Us 800.405.6035
It’s true—businesses can sometimes find themselves with a temporary cash surplus. If you do experience a sudden incursion of cash, you’ll want to make sure it is well-managed or else it could soon evaporate. And, in some cases, an incursion of cash can leave you worse off than you were before the windfall. So, here…
These Ratios Help You Understand the Working Capital Cycle There are many financial ratios and key performance indicators that can help you manage your business. So many that a small business owner could tie themselves up for days calculating and annualizing the various performance indicators. But suppose your business is profitable but has been experiencing…
Strengthen Your Balance Sheet with a Healthy Cash Reserve The COVID-19 pandemic demonstrated, yet again, that nothing is certain in business. A perfectly healthy business can be hit by the unexpected at any time. However, companies with a cash reserve to fall back on are the most likely to survive downturns in fortune. The question…
What you Need to Include on a B2B Invoice Sales invoices may appear to be relatively straightforward documents. However, if you omit certain crucial pieces of information, it could cause payment delays. A sales invoice is not usually considered to be a marketing document. However, business to business (B2B) invoices will usually land on someone’s…
How to Keep Your Cool and Keep Your Customers Late paying customers are a constant problem for many businesses. When invoices are paid late it affects cash flow, and chasing the slow payers can waste a lot of time. It can also be frustrating to hear the same delaying tactics used again and again. Sometimes…
Controlling Cash Flow is Essential to Success Small businesses are often strapped for cash. A critical business imperative is to control cash flow and not just manage it. As any business matures, various factors affect cash flow, some being growing operating costs, direct product costs (cost of goods), staffing/labor, product and service pricing as…
Control Your Accounts Receivable for a Healthy Bottom Line A business cannot survive without working capital. It will not matter how good your products are or how compelling your marketing is. If the company cannot manage its cash flow properly, the company will collapse. Here are 5 cash flow management mistakes you need to learn…
Improve Cash Flow and Enhance Working Capital With These Strategies The working capital of a business is the cash available to spend immediately. In accounting terms, working capital is defined as the current assets, less the current liabilities. If you have negative working capital, your business is in serious trouble. But merely having positive working…
Improve Your Cash Flow with Proper Budgeting Preparing the annual budget for a business is often thought of as being a standalone exercise, and it is possibly one of the least popular tasks for business owners. But budgeting and forecasting is an integral part of the business planning process. Your budget will tell you if…
Alternative Lending Increasingly Popular; but is it Right for Your Business? The world of business has changed dramatically in recent years. Innovations like AI, smart phones and social media, have altered the landscape for businesses large and small and opened up new possibilities for funding their operations. At the same time, these innovations and changes…