You’ve probably heard the phrase “cash is king,” but do you really know what it means, beyond the concept of making more of it than you spend? Many new business owners–and even some seasoned ...
In order to get the attention of serious investors, it’s important to have realistic financial projections incorporated into your business plan. Projections can be a tricky business as you try to ...
If you're a business owner, you know that cash flow is the lifeblood of your business. Without a solid cash flow plan, your business can quickly run into trouble, and it can be challenging to stay ...
"How do I manage my cash while focusing on all the other things I need to manage?" Our answer is simple. Create cash-flow projections, by the month, the quarter and the year. Business owners who know ...
Cash flow management is important for business owners who need to know where they stand on a daily, weekly, and monthly basis in order to pay bills and employees on time. If, for example, a business ...
Recently the Sunday Edition of the Washington Post had the following headline, "Region's Builders Rein in Visions- With Real Estate Downturn Projects Scaled Back, Scrapped." Lenders are tightening ...
In my last column, I said I would share with you a powerful secret for formatting your projections in a way that provides a crystal-clear view into the true cash flow of your business. Well, it’s time ...
One of the most serious mistakes I see in my consulting practice is business owners trying to run their business without cash flow projections. This is like driving along on the freeway at 70 miles ...
Cash is king when it comes to the financial management of a growing company. The lag between the time you have to pay your suppliers and employees and the time you collect from your customers is the ...
This is the time business owners search for a resolution that will help make 2015 one of the best years yet for their organizations. But instead, they should stop searching and look at their company’s ...
Time flies, and here I am in the beginning of February, trying to think through how 2023 is going to look for contractors and the economy in general. Some say good. Some say bad. Some say they do not ...
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