Maximizing Profits in Your Small Business Whether you are evaluating your investment returns or trying to improve your small business, it’s not how much you make but how much you get to keep. If your small business makes $500,000 a year but you lose more than...
The Risks and Rewards of Acquiring an Existing Business No one can deny that both buying an existing business and creating a new one from scratch have several advantages and disadvantages. However, when acquiring an already established enterprise, the rewards can...
Maintain Healthy Cash Flow and Client Relationships Wouldn’t it be nice if everyone paid their invoices on time? Your cash flow forecast would always be 100 percent accurate and you could pay all your bills on time as well. Unfortunately, that is not going to...
Explore these Avenues to Maintain Healthy Cash Flow Financing for small businesses can be difficult to obtain through traditional lenders. Most banks require you to have excellent credit and high annual revenues. They also require your business to have been in...
How Efficiently is Your Business Using its Assets to Create Profit? One way of assessing how well a business is performing is by analyzing asset turnover ratios. These ratios show how effectively the business’ assets are being used to create profits. Also known as...
Position Your Company to Grow While there are plenty of things that determine a company’s success, some factors are more important than others. If you want to succeed as a business owner, you’ll want to make sure that your company has all it needs to thrive....
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