Tag: cash flow

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 »

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 »

Don’t Just Survive; Thrive! When An Economic Crash Does Occur

Contingency planning for success

Recessions are a fact of economic life and when one strikes, damage control should be the focus. The right kind of advance planning puts you ahead of your competition and sets you up to succeed where others fail. To explore the benefits of being proactive instead of reactive by having a solid contingency plan, read… Read more »