3 Major Cash Flow Activities
There are three major cash flow activities in each business. These consist of Operating, Financing, and Investing. You’ve heard these terms before, but you’re not clear about how they appear in your small business. After all, you don’t have investments, and you’re running your business with credit cards and a small line of credit. It […]
7 Cash Flow Management Mistakes To Avoid
Most Common Cash Flow Mistakes Working with small businesses for the last 20 years has brought with it some exciting experiences. One of the most common experiences is the cash flow management mistakes that business owners make. You might think that only the inexperienced business owner has these near-death experiences with their companies. Still, I […]
Cash Flow Management: Slow Accounts Receivables Woes?
Lost Profits in Billing Processes My friend Susan Baylis at Medical Account Solutions lays out some essential points of lost profits in medical office billing processes in her blog “Maximize your medical receivable with a few simple steps.” It’s vital in all types of businesses to have reliable processes in place for billing and collecting. […]
Cash Flow Management For An Entrepreneur’s New Product Line
Ideas for a new product line A client called me with their ideas for a new product line along with the statement, “We are going to sell widgets to all the widget providers, and we aren’t going to focus on the direct sale anymore.” Considering this has been the company’s core business, I took this […]