Budgeting and Personal Finance
What to Do When Your Cash Flow is Down to a Trickle
Cash is the lifeblood of a business. It needs to flow smoothly to keep the business in a healthy, growing state. And yet, cash flow problems are almost the norm, particularly with small businesses.
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.
How to Save a Failing Business
The competitive nature of modern economies can leave any company vulnerable to the prospect of financial disaster. Difficulties with debt and creditors can quickly run out of control with anything other than a truly robust business strategy and a reliably winning formula.
Startup Budgeting for Small Business Owners and Entrepreneurs
You have a great idea for a small business—and the business know-how to pull it off. You’ve done your market research and written an airtight business plan. If you think this means there’s no way your business can fail, you may want to take a closer look at your financial plans.
5 Signs That Your Company Could Be Insolvent
Becoming insolvent is generally the stuff of nightmares as far as small business managers and company directors are concerned. However, it is always better to address the issues upfront rather than hoping they might miraculously disappear or somehow resolve themselves.
Personal Credit Card Alternatives for Nonprofits
If you run the finances for a nonprofit organization, chances are you have questions about expense management. While there isn’t an expense management bible specifically for nonprofits, there is a lot of good advice on the internet—the trick is sorting through the muck to find the gems.
Avoiding Business Bankruptcy: The Do’s and Don’ts to Merging Business and Personal Finances
It can be all too easy for a business owner to unintentionally mix their personal and business finances. Here is a closer glimpse at some of the do’s and don’ts when it comes to handling multiple financial accounts.
Finance Resources for Nonprofit Organizations
It can be tricky managing the finances for a nonprofit organization. Keeping track of invoices, reimbursements, and petty cash seem like minor issues but they can quickly spiral out of control unless proper controls and policies are put into place.
5 Tips for Saving Money That You Haven’t Tried Yet
Small savings can often lead to large differences in the bottom line of any business, which is why so many business owners consistently look for creative ways to save money.