Posts Tagged ‘Cash Flow’
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 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 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 Why a Business Line of Credit May Be Right for You
It is not unusual for start-up companies to encounter difficulties in managing cash flow. If you are worried about being caught short of funds, a business line of credit may be the perfect option for you. Here’s why.
Read More How Can an Entrepreneur Qualify for a Bank Loan?
Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. A question I get all the time is, “Can I ever expect any backing from my bank for a great opportunity?”
Read More 3 Steps to Small Business Cash Management
Controlling cash and credit are important for any small business. However, a growing number of entrepreneurs establishing a startup business can’t answer the three basic cash and credit management questions that most bankers, venture capitalists, and angel investors will ask when considering whether to fund a start-up business.
Read More Why Is It So Important to Prepare Financial Statements?
If you are wondering whether or not you really need to prepare financial statements when you already know your business is profitable, the answer is definitely yes. You may be convinced that your business is doing fine, but you will need proof for investors, creditors, shareholders, government agencies—and you will also…
Read More Setting Up Your Accounting System
Having a good accounting system in place is essential in order for your business to grow to its fullest potential. Here is your blueprint for setting it up.
Read More