5 Cash Management Tricks Every Small Business Owner Should Master

I'm going to let you in on a secret: When I first started my business, I wasn't very good at managing money. Filling in my knowledge gaps was crucial to my company's success.

Milking the Business

If you have worked for a corporation for a few years before you start your own venture, you need to really prepare for the first time of not having a paycheck every two weeks. While you hear stories about all the personal things that your business can pay for through the company, milking your company can be a very big problem.

Tax Refund Coming Your Way? 10 Frivolous Ways to Spend the Money

It’s tempting to pay off car loans or credit card debt with a tax return windfall, but it’s more fun to dream of ways...

RCM Software and Plugging Those Revenue Leaks

Is your small business retaining all the revenue it's earning? Understanding the source of your revenue stream, the paths it takes, and any potential revenue breaches along the way is critical to the long-term success of your business.

8 Small Business Funding Options That Solve a Cash Flow Crisis

If small business owners had it their way, they’d never have to worry about money. Their bank accounts would always give them the financial...

How to Make Your Small Business More Efficient

In an economic climate where a small business may require a massive investment of capital in order to get off of the ground, being able to cut the costs of operations can be a major source of assistance to productivity as well as staying in the black.

You Have to Understand Your Financials

Every business owner must understand and maintain their financial statements. By being unable to do so, many entrepreneurs get themselves into some major issues on so many fronts.

3 Ways to Reduce Cost of Goods Sold

The cost of the materials used to make the product or service you sell directly impacts your profit. This is easy to see, because...

4 Ways to Separate Your Personal & Business Finances

As the owner of a small business, separating your business life from your personal life is a must. One way that this can be done is to draw a bold line between one's personal finances and business finances.

Financial Mistakes Many Small Businesses Make

Having good cash flow is critical to running a successful small business. It’s how other people will measure the success of your company. But...

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