Aug 21 2012
Is your cash flowing through your business like a well-oiled machine? No matter the size of your business, paying attention to your cash flow is a must. Small business owners have so many priorities tugging at their time that it can be easy to focus on the crisis of the moment, rather than long-term cash [...]
Aug 6 2012
The title of this post may sound counter-intuitive. How can I improve my business’ cash flow by making payments? Shouldn’t it be the reverse? My cash flow improves when I don’t make payments. But if you choose not to make payments when your vendors and employees expect them, you probably won’t be in business very long. By using [...]
Jul 23 2012
In a recession or stagnant economy like we are facing now, companies are more cautious and more cost conscious. They are gravitating to low risk customers and suppliers and are streamlining operations. This Three “M” business strategy are ideas to help your company in this uncertain economy. 1. Maximize Cash Flow Reduce receivables with credit [...]
May 29 2012
In a small business, cash is king. You can be a very profitable company and still get choked by a lack of funds. When money is tight, your first thought is probably to get a small business loan or line of credit. While borrowing is an obvious choice, there are a few other often overlooked [...]