My SCORE colleagues and I mentor small businesses that are trying to figure out how to grow their business. One of the first discussion points becomes, what is your current cash flow like and what is ...

The balance sheet and the income statement, also known as a profit and loss or (P & L) statement, are the two most common financial documents used in business. Managers love them or hate them, ...

Most entrepreneurs know that ineffective cash management is one of the leading causes of business failure. It is also often the cause of hasty decisions regarding equity and debt — decisions they will ...

I was giving a keynote address to a group of medical practice business owners when one of the people in the room came up to me after and shared about his cash flow challenges. His practice was ...

Managing cash flow is one of the biggest challenges facing small business owners. Cash flow management refers to the process of tracking the inflows and outflows of cash to maintain positive cash ...

New challenges and sophisticated technologies are quickly reshaping the role of financial consultants — from AI, cloud services, automation, big data analytics and workforce reshaping to open ...