Tag: business basics

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 »

Five Financial Reports You Should Be Running

Five Financial Reports You Should Be Running

A doctor can tell you a lot about your physical health by running a few key tests.  In the same way, you can gain valuable insight into the growth and development of your business by administering regular  financial “check-ups.” However, in today’s high-tech, data-rich world, it’s easy to get overwhelmed by the sheer variety of… Read more »

Cash Flow: 9 Tips to Stay in the Black

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. Know… Read more »