One of the best tools a business can utilize to know where it currently stands and where it needs to go to achieve its financial objectives and goals is the financial forecast. What is a Financial Forecast? For the uninitiated, a financial forecast is a fiscal … [Read more...]
How to Build a Crowdfunding Business
More than 95% of all companies fail in the first five years of their business development. The most common difficulty entrepreneurs face during this period is the lack of investment funds. Most new businesses are not able to produce a solid cash flow that can be reinvested into … [Read more...]
List Of Unspoken Rules Of Financial Management And How To Use Them Properly
There’s no doubt in anyone’s mind that it is absolutely essential to properly manage personal finance. Whether you’re saving for a rainy day, making sure you’re covered if the car breaks down or the washer breaks, planning a vacation, budgeting to pay off credit cards, or trying … [Read more...]
Fuelled Adds An Important String To The SME Business Cash Flow Bow
So what do you do when cash flow is a bit tight? You have outstanding invoices to be paid, but have a few of your own bills that also need dealing with. Yes, you could go to your traditional bank. But 15 pages of forms later and signing over rights to your first born child is a … [Read more...]
How to Increase Your Small Business’s Cash Flow
Today, one of the challenges faced by the small business is to manage cash flow. Good cash flow management is necessary for every business. You need to understand every inflow and outflow of cash. Most of the failures in business occur due to poor cash flow problems, receivables, … [Read more...]
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