What Causes Cash Flow Problems
Most small business experience cash flow problems at one time. But what really causes a cash flow problem? Accountants tell you not enough cash coming in the business for what you’re spending causes cash flow [...]
Increasing Profitability So It Sticks!
How to Strategically Increase Profits in Your Small Business In writing this post I did some research. What I found when searching “increasing profitability” was very disheartening. Why, you might ask? Because everything was [...]
What to Look for When Reviewing Financial Statements
Reviewing financial statements begins during your business planning process. The last step of your business planning should be developing your your financial budget. That is what financial targets should your team be focused as you [...]
Monitoring Business Performance Means More Than Reviewing Your Financials
How do you keep the pulse of your business? You must be monitoring business performance to successfully achieve your business goal. But too many small business owners think this means just reviewing their financial reports [...]
4 Reasons Good Management Accounting Speeds Up Your Growth
I am not an accountant, I am a business growth consultant. But, I use management accounting information for planning and decision making every day when growing a company. So, I ask you. How good is [...]
Cash Flow is KING: How to Monitor It Easily!
While cash flow is a regular topic here, it's been a while since we hit the topic from a finance and accounting perspective. While many small business owners find accounting to be tedious it is [...]
Personal Credit Card Usage for Business May be More Pain Than Relief
The number of people using their personal credit cards for business purpose is growing and that might just prove to be a disastrous financial decision given the risk of mixing pleasure with business. The National [...]
Restore your business finance through debt consolidation – A guide for the entrepreneurs
If you’ve accumulated a huge amount of unsecured debts, you need not worry as you can opt for business debt consolidation through which you can finesse your business finances. If you’re a business owner, keeping [...]
Double the Business Funding Potential of Your Growing Company
Getting business funding is always difficult. But, add the banking challenges of recent years and it only makes it harder! The truth is banks are still lending. And, there are many other sources of funding [...]
Five Ways Accepting Mobile Payments Helps Expand Your Business
Contributed by Jacob Thompson A mobile merchant account allows for a business to accept mobile payments through a cell phone or mobile device. Here are just five ways accepting mobile payments can help expand your business. [...]
Poor Cash Flow – 5 Things Cause It!
Poor cash flow is a critical concept that many entrepreneurs don’t fully understand. I believe this is because they usually hear about it from accountants that try to explain it in accounting terms. Poor cash [...]
9 Benefits of Factoring Receivables
Many people are afraid of factoring, but frequently that’s because of the stigma often attached by the banking community to this form of financing. There actually are many very positive aspects to factoring. See if [...]
What Do You Do When the Bank Won’t Finance Your Business?
Accounts Receivable Factoring Factoring may not be the world's oldest profession, but not far from it. This financial practice can be traced back to theRoman Empire. Factoring was the dominant form of finance in the [...]
3 Causes of Entrepreneur Financial Problems
Entrepreneur financial problems are one of the biggest challenges they face. Usually it’s because they don’t have enough financial resources to accomplish their business goal. This is because a business cannot exist without financial [...]
Cash Flow: An Entrepreneur’s View
Cash flow is the life blood of any business, but many small business owner don’t understand the concept. They believe it’s a financial problem and avoid it like the plague! Merriam-Webster defines cash flow as [...]
Avoiding Price Problems That Can Kill Your Business
In a previous post, Avoid Blowing Your Revenue Engine, I described how important calculating your maximum capacity is and how it can help you make better operational decisions. Now I want to show you how to [...]
