Posts Tagged ‘Cash Flow’
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 3 Things That Can Put You Out of Business
There are three simple things you must do to survive in business. None of them will put you out of business immediately. However, lack of attention in these three areas causes a slow death spiral and will eventually lead to business failure. Here are the things to pay attention to.
Read More How to Keep Thorough and Accurate Books
There are a lot of factors that go into running a successful small business, and one of the most important is one that many small business owners (especially those who are just starting out) overlook: bookkeeping.
Read More How to Calculate the Value of Customer Relations
Customer relations are inarguably one of the most important performance drivers of your business. Unfortunately, many companies often push customer service to the sidelines because they have a hard time understanding the value of providing good customer service and the lasting impact it can have.
Read More 8 Tips on How Much Money to Ask for from Investors
Startups ask me “How much money should I ask for?” The simple answer is the absolute minimum amount you need to make your plan work.
Read More Need a Cash Injection? Debt Financing May Be the Answer
More than anything else, running a business means managing your cash flow, regardless of how well your business is doing. And getting a cash boost every now and then is something every business could use.
Read More