7 Truths About Money

Many small business owners fear the money side of their business. This is a result of never really understanding how to keep track of it, and not knowing what the most important metrics are for tracking it. Some don’t want to face the financial truth about their company. Once-a-year accountants are not much help, since they speak in a jargon that small business owners do not understand. For their part, small business owners are embarrassed to ask questions for fear of looking stupid. Unfortunately, these actions often mirror what is…

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Do You Know The Five Ways to Get More Cash From Your Business?

Increase sales seems like a no-brainer solution. In fact, its usually the stand-by answer when you’re looking for more cash in your business. But, it can actually create a bigger problem. More sales can also mean that you need to increase space (and rent expense), employees (and salary and payroll taxes), inventory (more cash out) and the like. Increasing your sales can very well mean you have less cash for awhile. In fact, businesses can go out of business if they increase sales too fast. There are five ways to…

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