If only taking care of your brainchild business would be as simple as the Sims idea of building a house one wall at a time, and then using the famous cash code when you run out of money. Alas, we’re still stuck in the real world, where real costs come knocking on a regular … [Read more...]
Cash Flow Forecasting for Small Businesses
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...]
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...]
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...]
How to Manage Cash Flow
Anyone looking to set up a new business in the current market place will constantly be facing hard challenges - one of which is how to manage cash flow. The majority of SMEs find the first few years the hardest and it’s completely understandable. Do you have a sustainable … [Read more...]
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