3 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 More

A 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 More

4 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 More

A 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 More

Is 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 More

3 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…

Read More

11 Key Elements of a Good Business Plan

Somebody asked me what the key elements of a good business plan were, and I’m glad they did—it’s one of my favorite topics. It gives me a chance to review and revise another of the lists that I’ve done off and on for years (such as the one on common business plan mistakes). 1. Measure a…

Read More

A CPA’s Real Job

CPAs think their important job is to complete and file clients’ taxes during tax season. If you’re a CPA or bookkeeper, the most important job is to help your clients build profitability, cash flow and terminal value. Most small businesses never get there. They sell a new client, do some work, get paid for it…

Read More

Franchise Cash Flow Questions

One of the most common complaints among people who have invested in a franchise business is that they aren’t earning enough, that they worry over meeting payroll and bills, or that they don’t have the sales they expected. As with so many franchise business problems, cash flow issues are often caused by a failure to…

Read More