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Improve Cash Flow with Smart Payment Tactics

Improve Cash Flow with Smart Payment Tactics

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 [...]

You Can’t Usually Predict a Disaster but You Can Be Prepared

You Can’t Usually Predict a Disaster but You Can Be Prepared

I was visiting my son in Boston on the night an electrical transformer exploded in the Back Bay area, knocking out power. It was strange to look down Boylston Street and not see any lights! A recent article in the Boston Business Journal described the impact this freak occurrence had on local businesses, and it [...]

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