Position Your Company for Steady Growth If your small business is suddenly doing better, you might think it is time to hire some new staff so that your business can grow. You shouldn’t be so quick to expand, though. While growth may be your ultimate goal,...
Minimize Your Company’s Risk of a Cash Flow Crunch The most common reason cited for business failure is cash flow issues. Indeed, even a company with a healthy profit and positive net equity can fail if it lacks the liquid funds to meet its short-term liabilities. So,...
Dodge a Cash Flow Crisis with These Tips When the sales are coming and the prospects for the business are looking good, it can be easy to take your eye off the cash flow. After all, it seems logical that if the management accounts show a healthy net profit, the cash...
Save Time and Money and Improve Your Accounts Receivable Modern accounting software apps are easy to use. Indeed, many software vendors sell their small business accounting apps on the premise that business owners can maintain their books themselves. But the question...
Improve Your Odds of Success with these Ideas In today’s economic climate, the odds are stacked against business owners. Competition is fierce, customer needs are ever evolving, and a dedicated work force can be challenging to manage. Using the following tips...
Save Money and Do More with Less When times are tough, you need to cut corners at your small business wherever you can if you want it to survive. You can save on costs by outsourcing certain tasks rather than spending time doing them yourself or hiring new staff for...
