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Small Business Financial Practices to Keep Your Momentum Growing

4 Routines to Follow for Sustained Growth As a business owner, it can be valuable to get a hold of your finances effectively. The tools you have available with today’s technology can help you manage your finances more efficiently saving you time and money. In order to best sustain your business momentum, there are several…

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6 Finance Mistakes That Can Derail Your Business

Avoid Blunders That Can Disrupt Your Growth Plans Many businesses are built not only on good performers and talent, but also with good management of finances. This is a key point in business growth, which makes it important to avoid mistakes that may derail your plans in the long term. With these notes considered, here…

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How Much Working Capital Does a Business Need?

Knowing Working Capital Requirements is Crucial for Growth Many businesses fail because they lack sufficient working capital. Quite simply, companies that lack the means to fund their ongoing operations run out of cash. However, working capital is not only required for day-to-day operations. A business also needs funds to develop new products or services as…

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8 Reasons Why Expanding Businesses Experience Cash Flow Problems

Overcome Shortages with Adequate Forecasting and Financing When the sales graph shows an upward trend, you would expect the bank balance to be on a similar trajectory. However, expanding businesses often experience cash flow problems. A shortage of cash during a period of expansion can impede growth and, in some cases, even cause the company’s…

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Ten Strategies to Avoid Small Business Overspending

How to Keep a Tight Rein on Business Expenses A business owner has much on their plate, so managing the finances of a small business can be challenging. Consequently, it can be easy to spend more than anticipated and not discover the overspend until the cash flow gets tight. However, implementing the following processes will…

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10 Crucial Financial Metrics and KPIs for Small Businesses

Monitoring the financial health of a business is crucial for success. When you have a thorough understanding of your company’s financial position, you will be able to make better-informed decisions. However, which of the many financial figures are most critical? Here are the top ten metrics and key performance indicators (KPIs) that every small business…

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The Top 10 Most-Read Articles of 2021

How can your business overcome the financial burdens of the past year? Over the past year, Universal Funding has published a variety of articles that explore topics ranging from financial forecasting and avoiding bad debts to managing your cash flow. Out of all of those various articles, here are the ones that piqued the most…

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How to Manage a Business Cash Flow Windfall

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…

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10 Common Cash Flow Management Mistakes to Avoid

Cash flow problems are often cited as the top cause of business failures. However, the root cause of companies going out of business is not always a lack of profit. What causes many business failures is a lack of adequate cash flow management. Cash flow management is a term that encompasses many things. Indeed, managing…