Managing cash flow is one of the most important aspects of running a business. Cash is the essential life force of commerce, underpinning all types of B2B and B2C transactions. Without cash, your business (and much of the world’s economy) simply doesn’t run. You’d have trouble paying your vendors, employees, and yourself. But managing cash […]
Archives for April 2021
7 Essential Elements in Monthly Financial Reports
Businesses that track and manage their financials perform better. That statement applies, of course, to major corporations. But it applies to small businesses and medium-sized enterprises as well. And thanks to modern technology, you don’t need a full-scale, in-house finance department to have robust monthly reporting and get a good handle on your business’s finances. […]
How to Have Confidence in Your Business Financials
Small businesses have numbers and expectations flying in every direction. It can be complicated to keep everything straight, and once you do get it straight, there’s a good chance you’ll be unsure if the numbers you have are the numbers you need. To be successful, you need to be confident in your business financials. They […]