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Everyone needs a safety net. But just how much cash should you have in reserves to support your business should sales take a dive, a top sales producer quits, a big client starts getting delinquent with their payments, or you’re unexpectedly struck by an illness?

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The concept of cash flow management is a basic one; it means doing everything possible to ensure money is coming into the business as quickly as possible and exiting it as slowly as possible. You’ll also need to keep an eye on the horizon so that you’re not surprised by an unexpected cash outlay.
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Bloated inventory is always going to be a threat to business cash flow. To lessen the problem and free up cash flow, small businesses need controls in place, and inventory needs must be prioritized.

In theory, that’s great, but how can you determine which products contribute most to your bottom Read More

Did you know September is observed each year as National Preparedness Month? Given that an estimated 40% of businesses don’t reopen after a disaster, the month serves as an important reminder about preparedness and business continuity planning. The good news is that there are lots of resources that Read More

Here are a few simple strategies for implement a solid content marketing program for your small business with just a few hours each week. Read More

Creating a compelling and clickable blog headline is the most important aspect of authoring a blog. No matter how informative your blog article is, your headline is your one chance to pique your reader’s interest. Come up with a doozy headline and your readers will never get past it. Read More

For a small business, dry spells can be a big concern, especially when it comes to cash flow. Aside from surviving a dry spell, here are some ideas for making them work in your favor and even help you grow and operate your business more efficiently. Read More

Small businesses are a happy bunch right now. According to the 2015 Small Business Growth Index Survey, 99% of those surveyed expect revenue growth this year.

But optimism aside, many businesses aren’t operationally ready for growth – this could because a lack of skilled labor, poor hiring decis Read More

How do you marry the pros and cons of business partnership so that it's a fruitful relationship that isn’t prone to constant friction? Here are some ideas to consider. Read More

How is a cash flow statement different to a cash flow forecast? Why do you need one? How do you prepare a cash flow statement? Read More