Whether you are running a multi-billion dollar empire, an online storefront, or a tiny mom-and-pop convenience store on the street corner, cash is the lifeblood of the business. Cash flow management is an important task for any entrepreneur.
Cash flow management entails getting paid by customers sooner, paying bills at the last possible moment, concentrating money to a single bank account, managing accounts payable, accounts receivable and inventory more effectively, and squeezing every penny out of your daily business.
Learn how to manage your cash flow effectively. Read our articles, tips and resources on handling and managing your cash more effectively.
The tight lending market has spurred demand for alternative sources of financing for small businesses. One potential source of funds is the merchant cash advance. Learn how merchant cash advances work, and what you need to watch out for.
As a business owner, it is important to develop methods to help resolve past due debts with existing customers. Learn tips for lawncare and landscaping professionals to recover past due debt year-round and in the off season.
According to the book The Maui Millionaires: Discover the Secrets Behind the World’s Most Exclusive Wealth Retreat and Become Financially Free, there are five Wealth Factors that cumulatively determine your real financial wealth. Learn about these factors to help you understand how to become a millionaire.
Collecting receivables is an important step in ensuring that your business has adequate cash flow. However, with the holiday season upon us, how should a business deal with the collection efforts? There are questions on whether a business should continue with their collection efforts, change the way they go about them or even stop during […]
Small business owners don’t need to hope for miracles to solve their cash flow problems, according to accountant Caroline Jordan, a business coach and author of the new paperback book, Stop the Cash Flow Roller Coaster, I Want to Get Off! “Small business owners have more control over their cash flow than they realize,” says […]
Looking for ways to boost your cash flow? Learn some of the recommendations a small business consultant give to her cash strapped small business clients.