Smart enterprise owners may use business budgeting software to ensure they are maximizing their available capital, while also having enough money to pay fixed expenses such as monthly bills, payroll and rent. However, there are always ways to create cash within a company, allowing the firm to experience growth faster than originally thought. Here are some cash…
One of the hardest things to get a handle on as a business owner is your finances and how you can support your business and your personal life. You have to have a good plan in place in order to be able to still handle all your expenses consistently without any issues. So the first…
Helping other people with their record keeping has taught me one thing – people are making some serious mistakes when it comes to managing their cash flow. And with technology constantly changing, the mistakes are evolving. No matter how large or small the company, the mistakes are always the same. And with cash flow being…
You’ve heard it before – CASH IS KING! It’s the driving force in every business. If not managed properly, you will be unable to avoid a liquid financial crisis. Cash flow management, while essential for all businesses, is a fundamental pillar specifically for small businesses. Not managing it properly can be detrimental and lead to…
