Posts Tagged ‘Cash Flow’
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 time have to permanently lock their doors. Instead of succumbing to this pitfall, ensure your company is not spending more…
Read MoreUnderstanding Point of Cash Flow and Working Capital Requirements in Franchising
When it comes to starting a franchise, you know you’re going to need to have cash available to invest upfront. How much cash do you need and when can you start seeing some cash come into your business? Those are two of the most important considerations you’ll need to make. Let’s take a closer look…
Read MoreWhy Banks Deny Small Business Loans
There are many reasons why banks deny an applicant’s small business loan request. Unfortunately, this happens too often, even when the business idea is a great one. Why does this happen? Why is it so hard for entrepreneurs and small business owners to gain the financing they need to start or run their business? Understanding…
Read MoreStandard Business Plan Financials: Important Cash Flow Vocabulary
As I continue with my series on standard business plan financials, I want to look at the basic cash flow. These words put some people off because they sound like accounting and financial analysis. But they’re good terms to know, especially if you’re running a business. This is important cash flow vocabulary. Cash in business planning and…
Read More3 Paths to Passive Income Through Affiliate Marketing
There’s never any shortage of people interested in finding the best ideas for passive income businesses, and successful affiliate marketing programs are certainly among the top candidates. But anyone who has made an attempt at establishing an affiliate marketing business that actually makes some money knows that it’s not easy to accomplish. You can work…
Read MoreA Simple Cash Flow Spreadsheet Anybody Can Use
If there’s just one formal business skill every business owner should have, it’s understanding and forecasting cash flow. It’s not intuitive because it’s not the same as profits; but it’s vital. We spend cash, not profits. It’s one of the most important pieces of every lean business plan. Here’s my recommendation for a relatively simple way…
Read More4 Times a Short-Term Business Loan is Right for You
Every business owner has run into cash flow challenges, whether you need more money to grow your business or to meet the operational day-to-day expenses that pop up. If your customer income isn’t covering your business’s financial needs for a period of time, a short-term business loan may be one option to consider. Here’s a…
Read MoreA Stress-Free Guide to Finding More Cash
There is a saying in business: “Revenue is vanity, cash flow is sanity, but cash is king.” While it might look impressive to have a veritable flood of revenue from sales, a truly healthy business thrives on the inflow and outflow of cash. Earning money and sitting on it does not make a business more…
Read MoreIs Accounts Receivable Financing Right for Your Business?
Accounts receivable factoring has worked for many small businesses in obtaining their ultimate success. It is a flexible form of short-term, service-based commercial financing. Invoice factoring is when a trading business sells its accounts receivables amount to an invoice discounter firm. It is a form of credit securitization, so choosing the finest accounts receivable factoring…
Read More3 Things You Need to Remember About Profits
Are you a small business owner? Are you looking to start your own business? The politicians can misunderstand profits, and so can the general public, but you’d better not. Profits are good, not bad; but your business runs on cash, not just profits. 1. Profits are an accounting concept, not actual money. Yes, they lead…
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