Even if you’ve heavily invested in planning and researching for your business, sometimes things will go wrong, or you’ll find yourself in a situation you didn’t anticipate. Unexpected bills, a shortfall in customers, or changes to the market can land your business in debt. So, if things don’t go to plan and your business ends up in such a scenario, how can you deal with … [Read more...] about How to Deal with Business Debt
Financial Management
Financial management is a critical skill that home business entrepreneurs need to learn. Small business owners need to know the concepts of financial management included in the simple, everyday bookkeeping tasks.
Manage the financial side of your home business by understanding financial analysis, strategies to maximize and increase revenues, and key financial content to help you understand where your business stands.
Effective Approaches to Negotiating Business Debt Settlements
Debt settlements are often unavoidable when navigating the delicate waters of B2B commercial debt collection. Occasionally, an account will be challenging to collect and will require litigation, but that is where the customer relationship takes a huge hit. But if there is one thing that Cedar Financial excels at, it is preserving your customer LTV (Lifetime Value). … [Read more...] about Effective Approaches to Negotiating Business Debt Settlements
Navigating the Complexities of Wills and Estate Planning: Why You Need the Expertise of Estate Lawyers
Navigating the intricacies and nuances of wills and estate planning can be overwhelming, requiring a deep understanding of legal complexities and meticulous attention to detail. As individuals strive to secure their assets for future generations, it becomes increasingly evident that seeking the expertise of experienced estate lawyers is not merely advantageous but rather … [Read more...] about Navigating the Complexities of Wills and Estate Planning: Why You Need the Expertise of Estate Lawyers
How to Prepare for the Holidays with a Business Line of Credit
Is your business ready for the holidays? Be sure to prepare for the holidays with a business line of credit. The holiday season is a joyful time filled with festivities, family gatherings, and gift-giving. For businesses, it's also a critical period to maximize sales and profits. You need to be well-prepared financially to make the most of this festive season. One … [Read more...] about How to Prepare for the Holidays with a Business Line of Credit
The Role of the Treasury in Mitigating Financial Risks
In a continually evolving business landscape, treasury management's role has broadened significantly. Traditionally seen as the custodians of a company’s cash, modern treasury departments now play a crucial role in steering firms through financial uncertainties. With their fingers on the fiscal pulse of the organization, treasury departments help navigate through the financial … [Read more...] about The Role of the Treasury in Mitigating Financial Risks