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Let’s face it, there’s a lot of information out there and the volume of content is increasing exponentially. You probably receive more than your daily fill of great information to help you run your business more effectively. Here’s a look back at the most read blog articles that piqued our reader’s interests.
Improve Your Chance of Success in the New Year Cash flow is at the heart of your life as a business owner. You may have greater goals beyond the growing your wealth, but your day-to-day operations will revolve around your working capital, how you spend it, and how much of it you can attain. If…
5 Tips to Manage Your Accounts Receivable in the Holiday Season You tend to experience some pressure to end the year on a positive financial note, even as you deal with the fact that you have less working days at the end of the year. You probably have fewer staff members in for work both…
The Top 5 Benefits to Outsourcing Accounts Receivable As a small business owner, you live and die on your cash flow. You rely on the timely payment of invoices to fund your operations, pay your employees and keep the rent paid on the space you occupy. When that steady cash flow is interrupted, your finances…
How to Start Using Financial Management Practices in Your Business The growth phase of a business is an exhilarating and hectic time for an entrepreneur. There are people to recruit, products and services to launch, and marketing campaigns to be organized. With so much going on, financial management might not receive the attention it deserves….
Strategies for Bouncing Back During Tough Times It’s no secret that the economy can be tough on businesses. If your company has found itself struggling to recover from previous recessions or if you simply want to prepare in case of one in the future, you’re not alone. Many businesses find it difficult to bounce back…
7 Steps to Quickly Pay Off Your Business Debt It can be a dreadful feeling to have to deal with a mountain of debt, especially when the debt threatens your business. Fortunately, it’s possible to take steps to bring your debt under control and quickly improve your cash flow. If you’re a business owner and…
Poise Your Company for Growth Periods of high inflation can be worrying for a business owner. However, things might not be as dire as you fear. Indeed, economists believe that low levels of inflation can drive economic growth as the Federal Reserve targets an annual inflation rate of two percent. The other crucial fact to…
Every cent of cash you have tied up in overdue customer invoices or unused stock is costing you money in interest as well as the opportunity for expansion and growth. You could increase sales to increase money coming into the business or you could consider restructuring your finance arrangements. However, there are some more straightforward…
Obtaining the funding needed to expand your business can be frustratingly difficult, but knowing what to expect when searching out financing options can be the difference between success and failure. Getting financing can help a business progress to the next level and become more profitable. These tips will give your business the best chance of…