Budgeting

Managing your company's cash flow to avoid any short-term financial issues can be challenging no matter how long you’ve been in business.There are so many variables involved, many of which are out of your control. From consumer household spending to the timing of a customer payment,...

Scaling your small business is an exciting opportunity to grow your revenue. But before you jump in, follow these tips to help you stay on track without burning out. Create a Destination Before you start scaling your business, whether through new products or new markets, make sure you...

Unforeseen circumstances such as sudden emergencies, problems with vendors, natural disasters, or working capital shortages can all cost a business money. When these types of obstacles occur (especially when you least expect it,) it can certainly throw you off a bit. When a project goes over budget, it's...

Although the conventional formula for calculating working capital involves deducting liabilities from assets, it’s important to determine what your business needs compared to what you actually have. More often than not, additional cash flow is necessary for purchasing new equipment, upgrading existing equipment, meeting payroll, launching marketing campaigns and...