Welcome to the Net Terms Economy. This “buy now, pay later” environment is not the most hospitable place for small business owners, and yet, we’re stuck here in a world that can negatively impact our businesses, our industries, and America’s economy. Explaining the Net Terms Economy Living in the Net Terms Economy means waiting to …
Today’s ‘Net Terms’ Economy Hits Small Businesses and B2B Companies Hardest Read More »
By Jake Eisenberg Running a business without a proper cash flow system in place is like driving a car with a blindfold on: you know where you want to go, but you don’t have any idea how to get there. Likewise, you want to grow your business, but it won’t be possible if you don’t …
Manage Cash Flow and Increase Profitability in 8 Easy Steps Read More »
By Eden Amirav Poor cash flow management is the number one reason small businesses fail, causing 82% of business failures, according to a U.S. Bank study. How can you as a small business owner or manager mitigate this risk? How can you improve your company’s cash flow? First of all, you need to understand exactly …
How to Better Manage and Improve Your Business’s Cash Flow Read More »
Getting approved for a small business loan from traditional lenders or the SBA is difficult. A growing number of businesses are securing funding through online lenders. What do restaurants, auto parts stores and essentially all businesses have in common? They can’t survive for long without some combination of cash or financing. A significant lapse in …
Denied for a Small Business Loan? Consider Alternative Lenders Read More »
Most businesses don’t have trunks of money sitting around, filled with unlimited cash reserves. On the contrary, juggling cash flow and managing your accounts receivable (AR) is probably a necessary evil you detest and that takes up way too much of your valuable time. When you provide a service or sell a product, you invoice …
Three-paycheck months are great for your employees. Who wouldn’t want an extra paycheck a couple of months per year? But, a three-paycheck month might not be so gentle on your small business budget. Paying employees with a biweekly pay frequency has quite a few benefits, like consistent payroll processing. And, biweekly pay is the most …
Business Owners: Don’t Stress Over 3-Paycheck Months—Do This Instead Read More »
You should probably have a good handle on your company’s cash flow, but do you ever wonder how your company compares with other small businesses? Intuit QuickBooks recently released a global study, the State of Small Business Cash Flow, which reveals the cash flow challenges experienced by small business owners and self-employed workers around the world. The study …
4 Cash Flow Challenges Facing Small Business Owners Today Read More »
Entrepreneurs are natural dreamers. They see a vision and they’re crazy enough to try and build it for themselves. But there’s one thing that can hamstring any dream: cash-flow problems. Less than three-percent of small businesses started in 2011 are still operational. Your ability to manage cash-flow effectively will determine your ability to grow, or …
If you are like most small business owners, you got into business because you liked the product or service that your business provides. A cook buys a restaurant because of their passion for food. A dentist starts a dental practice because of their expertise in dentistry. A fitness expert buys a gym because of their …
Cash flow from operations is still the number-one way that U.S. small and midsize businesses finance growth. But just about every small business runs into situations where the cash just isn’t flowing. When that happens, where do you turn? Some 37% of U.S. small and midsize businesses in the C2FO Working Capital Outlook Survey 2017 …
How to Prevent a Cash Flow Crisis in Your Business Read More »
By Mansi Singhal Post sponsored by qplum. I’ve been a small business owner since 2010. In 2016, I launched an online financial advisory service, qplum, where we manage money for individuals, families, and businesses. We frequently discuss with clients the importance of saving enough for retirement. Time and again, we meet clients who don’t have a …
By Carl Faulds Every small business struggles with its cash flow from time to time, but with the right planning, the occasional emergency doesn’t have to become a crisis. So, what can you do to minimize the disruption caused by late payments from customers or a sudden cyclical downturn? Here are a few of the secrets …
