As a business owner, you understand that cash flow is critical to your success. But even so, many business owners still struggle to manage cash flow well consistently, which can lead to a crisis and the need for high-interest, last-minute loans. If you want to avoid that – and I am sure you do – take a look at an article I found on the American Express Open Forum website.… Read more >
If your company is failing or just in trouble, the first step to save it is to make sure you understand your current cash flow situation. And, the only way you can do that is by making sure you have the proper financial tracking and measurement tools in place.
Beyond that, there are many other strategies that can help save an ailing company.… Read more >
Business owners have the tendency to focus on sales and overall profit, which is good, but without healthy systems in place to manage cash flow, the health of an organization can be compromised as situations fluctuate. There are three critical principles you must follow to keep an organization’s cash flowing in a healthy manner.… Read more >
When it comes to the financial management of a growing company, maintaining cash flow is critical. This monitoring of the inflow and outflow of cash can be a real challenge but with some practical strategies and consistent discipline to stay on top of it, your business can maintain a healthier existence and have a better platform for growth.… Read more >
It used to be so simple. In the old days, banks had one type of lending tool and finding a small business loan was much easier. Today, the lending environment has grown in sophistication and the number of tools available. Banks (and even Bankers within the banks) have become quite specialized.… Read more >