cash flow

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In Business, Cash on Hand is Vital to Success

Anyone in business knows that cash on hand is a vital to success. Yet, how much, when and in what form varies depending on a wide range of factors. Is your business seasonal? What do you need the cash for? Where does cash frequently get tied up? How can youRead More

5 Reasons Your Business May Be Leaking Cash

Have you ever taken a look at your finances and been shocked by how little cash you have in the bank? This is not so uncommon, and for small business owners, it can be absolutely terrifying. You may not realize it, but there are a lot of areas in aRead More

Why You Should Be Nurturing Supplier Relationships

You may not realize it, but your supplier relationships can be a critical part of your business strategy. Most businesses have at least one supplier they commonly order goods from. These purchases typically represent the major area of spending, especially for those who sell physical products. A strong relationship withRead More

7 Cash Flow Best Practices You Need to Know

Without continuous, positive cash flow, you can’t have a successful business. Even though this is one of the basic truths of running a small business, many entrepreneurs struggle with cash flow management every day. Poor management and control issues can quickly snowball into major problems, and sadly, many of thoseRead More

5 Ways to Avoid Burnout this Holiday Season

As we move into the holiday season, tensions seem to increase as more and more things compete for your time and attention. To keep stress to a minimum and to avoid burnout, here are a few suggestions:

Business Success: It’s about the little things

So, you have a business idea. Perhaps you’ve already launched a business and things are a little shaky. Wouldn’t it be nice if you could find just the right tool or information you need just when you need it? Worry no more. Here are a 5 Tips to overcoming someRead More

The Role of Financing and Logistics in Successful Selling

Managing Your Cash Flow in Big Business Sales | Part 3 As stated in part two of this series, Smart Selling: Relationship building with buyers and suppliers, over-promising on sales goals is a bad practice that can damage your business’ credibility as well as its balance sheet. To make sure youRead More

Smart Selling: Relationship building with buyers and suppliers

Managing Your Cash Flow in Big Business Sales | Part 2 In general, selling smart is the ultimate strategy of any business, but when it comes to large companies sometimes you need to take a different approach than with your typical customers. In this second part to improving cash flowRead More

Success in Sales through Better Customer Negotiation |

Managing Your Cash Flow in Big Business Sales | Part 1 There are many ways to improve your cash flow. Who you sell to and how may be the most important way you can bring about the needed control.  We all know and love those clients that pay COD, butRead More

Tools of the Trade | Cash Flow Worksheet

In its simplest form, cash flow refers to the flows of cash, literally, into and out of the business. Think in terms of actual cash, dollar bills, flowing in and out of the business, and then identify both their sources and uses. The underlying message is simple: Run out ofRead More