Cash flow is apparently the most significant estimation of your organization’s financial health. All things considered, without cash close by you can’t pay your staff, restock product or grow your business. With regards to estimating the strength of your cash flow, it’s insufficient to simply check your ledger balance. You’d increase substantially more understanding by […]
Running a small business can be tough, frustrating, and requires most owners to wear multiple hats. While most owners are comfortable being involved in sales, marketing, production and even HR, many feel completely out of their element when it comes to financing. While this is an area that’s typically better left to those with the […]
Female business owners feel that their access to working capital is much less than accessibility of businesses owned by men. A large number of business owners feel that businesses owned by women will never have the same options and availability for working capital or cash flow options as businesses owned by men, while some think […]
Experts believe that managing working capital and maintaining cash flow is the key to surviving as a small business. This can be a challenge, especially in the early years. Many businesses therefore, must rely on alternative financing resources to survive. The early years in business can be tough in in the best of times. Most […]
Are you in need of a Business Makeover… Financial management is the heartbeat of every business. Money comes in and goes out so it’s critical to ensure you’re following the right path to maintain a positive cash flow. As most businesses grow, their customer base the supply chain becomes more complex. Attending to the books and […]
The greatest challenge an entrepreneur or start up faces is raising capital to finance the new venture. Business plan in place, financing is the next step. A traditional business loan requires specific criteria, and most new businesses will not qualify. A traditional bank loan requires the business owner to have good credit and usually 2-3 […]
We run into obstacles in our daily lives and have to find ways to get by them and accomplish our end goal. Businesses frequently hit obstacles that get in the way of keeping the business on track for success. Start-ups have more obstacles when working to get their business going, but established businesses hit obstacles […]
Business owners trying to obtain working capital to finance their business operations usually apply for a small business loan or line of credit. But if they can’t get approved there are also some alternative finance options to help their company get a quick infusion of cash. One form of small business finance is invoice factoring […]
Taken from the U.S. Department of Labor https://www.dol.gov On September 2, 2019, the U.S. Department of Labor celebrates and honors the greatest worker in the world – the American worker. Labor Day 2019 is the 125th anniversary of Labor Day being celebrated as a national holiday. Labor Day: What it Means Labor Day, the first […]
According to the Small Business Administration (SBA), 50% of all small and medium-sized businesses fail within their first four years and nearly 96% dissolve by the tenth year. And the most common reason for the high failure rate is poor cash flow management. Cash flow is the lifeblood of any business. Buy supplies, paying employees, […]