Posts Tagged ‘Cash Flow’
How to Survive Lean Times
Everybody who is in business for himself (or herself) is going to have dry spells every once in a while. So plan for them. Focus on controlling the things you can control.
Read More What to Do When Customers Don’t Pay
A few weeks ago, I received an email from a frantic new business owner. One of his clients—a very large company—had an outstanding invoice that was 90 days past due. Concerned and cash-strapped, he wanted to know what he should do.
Read More 3 Working Capital Tips for Your Small Business
Money is often tight for budding entrepreneurs. It is crucial that your hard-earned start-up money is not wasted, so make sure to keep in mind the working capital required for your small business to grow.
Read More Question of the Week: How to Improve Cash Flow
“Can you give me advice or tips on improving my company’s cash flow? I own a small landscaping company and struggle with my receivables.”
Read More 4 Bookkeeping Tips for Small Businesses
If you know what’s happening to the cash flow in your company, you can make decisions that will improve profits and cash flow long term. Here are three easy small business bookkeeping tips that will save your sanity and help you get started.
Read More How to Use Your Invoices to Finance Your Growing Business
One of the challenges of working in the B2B space is that most commercial clients don’t pay their invoices as soon as you deliver your product or service. Instead, companies ask for 30- to 60-day payment terms.
Read More Entrepreneurs Must Not Confuse Action with Results
Too many entrepreneurs confuse actions with momentum and results. We all know someone who repeatedly tells us how “busy” they are, when it’s hard to see what they get done.
Read More Could You Answer These Tough Investor Questions?
In my years of investing, I’ve developed a set of tough questions that are sure to elicit both information and a vibrant dialog—questions not on the usual checklists of angel groups or investors.
Read More Project Cash Flow, Not Just Profit, During Start-Up
Business plans that I see often show three to five years of projections, demonstrating profitability at the end of so many months of operation. Most every one of these uses an accrual basis for determining break-even, never attempting to predict the cash impact of major items.
Read More Lease or Buy?
The next time you need computer hardware and software, a copier, or vehicles, you’re likely to ask yourself the question, “Should I lease or buy it?”
Read More