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How to plan an exit strategy for your small business
Planning a good exit strategy for your small business is just as important and just as crucial as planning a good start up strategy and a good marketing strategy and a good financing strategy for your small business. 5...
How to finance a business
Knowing how to finance a business is an important question that all business owners have to ask themselves. There are a number of different ways for you to finance your business; you have to determine which approach to business...
How to ensure that your business uses petty cash appropriately
Most businesses and organizations have a petty cash fund. Setting up the petty cash fund is not a particularly difficult procedure to undertake. However, it is more difficult to ensure that petty cash is used appropriately by yourself and...
How to ensure accountant honesty.
Having an honest accountant is key to the success of your company. We have all read horror stories in the newspaper and seen them on the news about how a dishonest accountant managed to steal hundreds of thousands of...
How to choose business investments based on liquidity
One aspect of your investment strategy that you must take into consideration is the liquidity of particular investments. The liquidity of an investment will be absolutely central to how you can meet your financial goals for your business and...
How the Small Business Administration can help your small business
There are many things that you should know about the Small Business Administration, one of the best and the most helpful tools that any small business owner can use. The Small Business Administration is dedicated to helping small businesses...
Best economic climate for small business
No matter what, it's difficult to make a successful run at owning a small business. People will always be prone to simply visit larger chain stores, and small business owners simply don't have the money to advertise as widely...
Why great cash flow leads to a successful business
Cash flow is the key to having a successful business. If you have poor cash flow management, you are probably not going to last long in the business world. Cash flow is the center of every business. It directly...
What you should know about short term business loans
A great advantage of a short term business loan is that it can help even out cash flow when your accounts payable schedule is shorter than your sales cycle. If you are like many businesses you are unsure of...
What is Paydex, and why is it important to your business finance?
Just like your personal credit score your Paydex score is very important to your business finance. Careful financial decisions will greatly impact the score and allow you to gain loans for your company. What is a paydex score? As...
What banks look at when determine your loan rates and amounts
A bank looks at many different factors when determining a loan and the rates and amount of the loan. Before you begin looking at a loan, you need to ask yourself what you can afford or what the company...
Terms of repayment for business loans
Every business who has applied for a business loan takes into affect the loan repayment terms. Can you afford to pay back 50,000 dollars over a 3 year period or do you need it to be longer? Proper preparation...
Pros and cons of hiring a business consultant for business finance
Like many business owners you may be debating over the idea if you should hire a business consultant and if you do, what benefit will they bring to your company? Business consultants bring experience, ideas and financial advice that...
Pros and cons of business unsecured lines of credit
Do you know what the pros and cons are of business unsecured lines of credit? Many businesses are unsure of the bank loans they are taking out and a bank is always ready to loan you money! What factors...
How your accounts receivables affect your business finances
Do you know much about your accounts receivables? Your AR department directly relates your business finances as they are in charge of receiving the money to keep your business afloat. If you company will sell a product and then...
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