Know Your Business’s Worth

scale with value and price on either side

How much is your business worth? This is not a simple thing to determine, but it is one of the most important numbers to have on hand at almost every stage of your company’s development. For help answering this question, I recommend an excellent article from Entrepreneur.com. The article includes links to helpful side articles… Read more »

Keep Your Receivables Flowing Smoothly

manage receivables and stabilize your cash flow

No business owner wants to face a cash flow crunch. Unfortunately, many entrepreneurs find themselves in a sticky situation because of unforeseen issues with their receivables. To keep your receivables flowing smoothly, I recommend a short article from CEO World. You’ll learn the three cornerstones of receivables management that will set your business up for… Read more »

The #1 Rule In Business… Know Your Numbers

Having a financially fit company involves monitoring your most important financial numbers.  Most business owners are busy putting out fires, working with customers, and dealing with various other urgencies of the business rather than pouring over financial statements. We certainly don’t want to turn the Business Owner into an accountant, but it is important to… Read more »

Avoid a Financial Crisis with These Tips

blocks with hands

Considering that a huge number of businesses fail due to cash flow, it’s surprising that more business owners don’t keep on top of it. But between limited time to organize finances, debt buildup and increased expenses from growing too quickly, it’s easy for it to get out of control. If you would like to avoid… Read more »

How to Identify Your Daily Cash Position Faster

How to Identify Your Cash Position Faster

To keep your business ahead of the competition, you’ve got to know your daily cash position.  The more efficiently you are able to process this metric, the more time you will have to assess what it is strategically saying.  But establishing a cash position can be complex and labor-intensive, especially for larger companies. Thankfully, new… Read more »