Insights Blog

The Best Way to Boost Business Cash Reserves

Explore the key strategies for boosting your business cash reserves in our latest blog article. Trim costs strategically, communicate price increases transparently, and create a budget for consistent growth. Elevate sales through effective marketing, automate savings for seamless accumulation, and consider seeking professional advice for optimal financial management. Building a solid rainy-day fund takes time and effort, but it’s an essential investment in your business’s long-term success.

How to Navigate the World of Business Financing

Running a business requires a significant amount of capital. When you’re looking to expand an established business, securing financing becomes a crucial step in reaching your goals. However, navigating the multitude of business financing options can be overwhelming, especially for small business owners. In this article, we explore the different types of business financing available and provide valuable tips on how to secure the right funding for your business.

From Chaos to Control: 10 Rules to Master Cash Flow

Cash flow challenges can be the silent killer of businesses, even those with sturdy foundations. According to a U.S. Bank study, 82 percent of business failures trace back to poor cash management. To shield your business from this potential pitfall, follow these 10 cash flow rules outlined in our latest blog article. Learn how to fortify your business’s financial health.
Business team collaboration discussing working analyzing with financial data and marketing growth report graph in team, presentation and brainstorming to strategy planning making profit of company.

How to Generate Ongoing Working Capital for Your Business

Having sufficient working capital is crucial for the long-term viability and success of a business. Without it, a company may struggle to meet its day-to-day operating expenses, pay its suppliers and employees on time, or take advantage of growth opportunities. By securing working capital financing through options such as invoice factoring or sales growth, businesses can better manage their cash flow and ensure that they have the funds necessary to sustain and grow their operations.

Enhancing Cash Flow with Efficient Accounts Receivable Tracking

Efficient Accounts Receivable tracking isn’t just about monitoring payments; it’s a strategic move that ensures timely payments, identifies payment trends, and addresses potential issues affecting your cash flow. Learn why AR tracking matters, how to do it effectively, and how it can enhance your cash flow management. In this blog, we delve into the significance of efficient AR tracking, shedding light on how it can elevate your business’s financial standing.

Understanding the Accounts Receivable Turnover Ratio

As a business owner, you know that managing your finances is crucial to the success of your company. One important aspect of financial management is understanding your accounts receivable turnover ratio. This ratio can provide valuable insights into your sales efficiency and credit control. In this article, we will explain what the accounts receivable turnover ratio is, how to calculate it, and how to use it to improve your business.