If a business runs out of cash and is not able to obtain new finance, it will become insolvent. Therefore, it is a poor excuse for management to claim that they didn’t see a cash flow crisis coming. In business, “cash is king”. Cash flow is the life-blood of all businesses – … [Read more...]
Tips to Make Your Money Work for You
Most people are completely new to the investment world, basically referred to as investing virgins. Regularly making payments into your pension plan does not make you an investment genius, all it requires is some basic knowledge. It does not require days of brainstorming to … [Read more...]
How to Survive Your First Year in Business (Infographic)
The corporate world is a tough, unforgiving environment. New businesses are faced with the enormous challenge of trying to sway custom away from established, reputable companies and hold their own in a cut-throat battlefield. For many start-up owners, simply getting through the … [Read more...]
What Does It Take to Start Up a Car Repair Shop
This article contains affiliate links. For more info, see disclosure. If you are done with car dealerships and want to go alone in the motor trade, running a repair shop might be just the thing for you. Of course, unless you want to be a mobile mechanic operating out of … [Read more...]
Best Tools for Developing a Profitable Business
All entrepreneurs want their businesses to make profits at one point. After all, making profits is how we keep the score in business and measure progress. To maximize your business profits, you need to be vigilant and actively keep track of your expenses. You need to start … [Read more...]
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