Budgeting and Personal Finance
5 Easy Ways You Can Improve Your Company Credit Score
Success and sustainability as a small business often have a lot to do with maintaining ready access to cash and coping with financial pressures as they come along.
6 Misconceptions About Employee Expense Management
When your company already has an employee expense management program in place, it’s easy to dismiss criticism of the program instead of taking a hard look at what it would take to change it.
How to Save a $6MM Business
I love my students. They’re interesting people, hardworking, funny and talented. They come from interesting families too. Three months ago one of them asked me to speak to her parents about their business to see if we could get them on a more profitable path.
Budgeting to Stay Debt-Free
Bad debt is the kind of debt that consumers accumulate, which they really can’t afford over the long haul. This is usually done without securing a viable asset.
3 Ways to Cut Expenses
I’m on a mission to cut expenses this year. Truth be told, I’ve been sloppy and have not paid attention to fees and charges in 2014 like I should have.
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.
6 Numbers That Drive the Success of Your Business
Gina Bianchini of Mightybell asked what specific measures do I look at regularly. Here’s what I said in answer to her question:
5 Common Financial Mistakes to Avoid
Unless you’re a financial whiz, it’s not always easy to also work out your financial plan and pin down precise numbers; sometimes important financial details can fall by the wayside.
Why You Need to Be Smart About Money—Not Cheap
Understandably, to have money, you need to save. But, the trick to a successful business is not just about saving money. It is also about actual survival. To survive, a business has to grow. If it does not grow, it stagnates, leading to eventual failure.
Cash Flow Surprises That Can Stall Your Business
A company is only as healthy as the cash flow it projects. There are a variety of reasons why the cash flow of a company might suffer. Unforeseen expenses, business expansion, natural disasters, or customer orders drying up at a specific time of the year can be just a few reasons that hamper this process.
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