Budgeting and Personal Finance
How to Reduce Company Expenses and the Pain of Fixed Costs
Business owners constantly wrestle with the age-old question of how to reduce company expenses. While income fluctuates for most businesses, expenses are something you can exercise some control over. Expenses fall into two main categories—variable…
10 Basic Tips to Reduce Costs and Grow Faster
When you’re starting a business, you want to make sure all your risk factors are under control. The old adage, “It’s better to be safe than sorry,” applies, and that justifies buying that extra computer…
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 flexibility necessary to pursue any and all opportunities for growth. Unfortunately,…
How Your Small Business Can Overcome Its Debts
Starting a small business isn’t easy—or cheap. Even the most well-organized and generously funded business can quickly run into cash flow problems, so it’s hardly surprising that many small companies experience debt problems, particularly during…
How to Start a Budget
When running your own business is your big passion, it’s very easy to let your private life fall into a state of disrepair. But keeping an orderly domestic situation is important to reduce stress in…
4 Ways Your Business is Wasting Money
To err is human. Many entrepreneurs make mistakes when starting a new company, and that can often result in the downfall of a company. It’s not because they pigheadedly or recklessly jump on a new…
How to Get People to Pay Attention to Finance Presentations
You know that effective financial management is one of the most essential ingredients for business success, and that communicating this information to key people within your organization is important for achieving company objectives. So it…
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 finances can oftentimes be tricky, and it can be hard to…
Finicky Finances: Make Sure Your Company is Spending Smart
Maintaining good business finances is a necessary part of running any company, but that doesn’t mean doing so is always easy. Many businesses fail to properly manage their money and in a short period of…
Why Every Organization Needs a Budget
Budgets are like oil tankers – they need time to change course. ~Jeroen De Flander In all my years advising businesses, I have seen many that just did not have budgets. These operations ranged from…
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