Financial Management Archives

What Small Business Owners Need to Know About Balance Sheets

By TaxConnections | Sep 23, 2015

The most effective way for small business owners to be sure that they are aware of their company’s financial status is to have an accurate balance sheet that reflects the most current information available. By keeping this information up to date every quarter, you can help yourself avoid a lot of problems and surprises down…

3 Ways to Improve Your Budgeting and Forecasting

By TaxConnections | Sep 16, 2015

Budgeting and forecasting are two of the most important financial exercises performed by businesses, regardless of their size. Unfortunately, they are also two exercises that many businesses fail to perform accurately or efficiently. The biggest common problem is that most budgets and forecasts are created without any room for flexibility. Managers are told at the…

5 Top Ways to Find Buyers for Your Structured Settlement

By SmallBizClub | Sep 10, 2015

We all fall on hard financial times at some point or another. Even billionaire Donald Trump has lost money and has had to rebuild his finances, over and over again. Maybe this is one of those times for you, when there just doesn’t seem to be enough money to go around, and you need to…

7 Financial Facts Every Entrepreneur Should Know

By Tim Berry | Sep 10, 2015

You don’t have to be CPA or MBA to start or run a business. You don’t have to understand debits and credits, or be able to balance your books. But there are some financial facts you just plain need to know. Here’s a list. Related Article: 6 Essential Financial Tips for Small Business Owners Every…

Cash Flow: The Pulse of Your Business

By TaxConnections | Sep 1, 2015

Cash flow is the lifeblood of any small business. Some business experts even say that a healthy cash flow is more important than your business’s ability to deliver its goods and services! While that might seem counterintuitive, consider this: if you fail to satisfy a customer and lose that customer’s business, you can always work…

Consider the Legal and Financial Aspects of Owning a Franchise

By Jania Bailey | Aug 28, 2015

As with any major investment, the best decision can be made only if you’re as informed as possible. You need to spend a good deal of time researching, interviewing and exploring your options—and a part of the process is determining what the legal and financial aspects are. As your focus gets more serious with the…

Consumer Debt vs. Business Debt

By SmallBizClub | Jul 21, 2015

No matter where you go or what you are doing in America, debt seems to be a part of the world we live in. America is a debtor nation and that refers to a lot more than the national debt.

5 Easy Ways You Can Improve Your Company Credit Score

By SmallBizClub | Jul 8, 2015

Success and sustainability as a small business often have a lot to do with maintaining ready access to cash and coping with financial pressures as they come along.

Do’s and Don’ts of Employee Reimbursement

By Toffer Grant | Jun 30, 2015

Expense reimbursement is a necessary part of business for many employees and finance managers. To make this aspect of business a little more pain-free, we’ve compiled a list of do’s and don’ts for employee reimbursement

6 Essential Financial Tips for Small Business Owners

By SmallBizClub | Jun 25, 2015

It is universally agreed that doing taxes is everybody’s nightmare, particularly for small business owners. While average people don’t have to worry about them until the next year, small business owners usually have to make tax filing on a quarterly basis.