Cash Flow
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The Effects of Making Late Payments
June 23, 2009
A business that chooses to pay its employees and vendors late instead of taking out a line of credit to get the needed cash flow will experience more problems as opposed to avoiding interest by not taking out a line of credit. Not taking out a line of credit for paying bills and making payroll causes the following problems: Vendors won't deliver products and services or they deliver it very late. To get its products or services faster, the company could use expensive means for expressing the money to the vendors. This is a...
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Invoice Your Way to Cash Flow
June 15, 2009
How you handle your business invoicing process can affect your cash flow. As I've said it many times in this blog, cash flow keeps your business going. It doesn't matter how w...
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A Factoring Tale
June 13, 2009
James was in the oil and gas business. He sold equipment to oil and gas companies that need to replace broken or missing parts. One day, another business owner approached Jame...
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The Case for Automating Your Small Business Processes
June 8, 2009
In October 2008, Intuit's Billing Manager Get Paid survey took a sampling of 751 small businesses with less than 10 employees. The survey reported that the...
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More Tips to Keep Your Business Raining with Cash Flow
May 28, 2009
We provided you with eight tips to manage your cash flow. As we said in that article, your business can have a wealth of clients while staying busy, and sti...
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Waiting, Waiting for Access to Working Capital
May 22, 2009
Big businesses can raise working capital buy selling stock, but the little companies don't have that luxury. Small businesses just want to make a purchase or...
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Small Businesses Survive Despite Economy
May 8, 2009
I'm not going to mislead you into thinking things are better and hunky dory. In fact, the economy dropped at a 6 percent annual rate at the start of this ye...
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Diversify Your Business to Boost Profits
May 4, 2009
Having a niche product or service serves its business well. But a business could miss big opportunities if it doesn't consider diversifying to other markets....
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8 Tips to Manage Your Cash Flow
April 24, 2009
It doesn't matter how many clients you have or how well your business is doing. Without cash, you have no business. You can never remind businesses too many times: "C...
