As a restaurant owner, stepping into your accountant’s office can be the start of a nightmare, especially if it’s bad news and your business is losing money. The good news is, it is easy to plug holes in your budget if you figure out where the leaks are. Many businesses overlook simple spending mistakes that […]
With a growing business, it’s difficult to keep track of finances. Or, if you are looking to sell off your business soon, you know how much valuable clean books are. Therefore, you must always have a good bookkeeper on the job to maintain your books, and keep them clean and updated. Though there are many […]
Finance comes at a cost, so deciding whether or not it’s worth taking out finance essentially means looking at the cost of the finance versus the benefit of what it will allow you to afford. In the case of home improvements, there are four points it may be helpful to consider in order to take […]
Getting into financial trouble that results in debt collection is not an easy challenge to deal with for anyone. Whether financial management has been an ongoing battle or a few small missteps here and there led to the issue, receiving a call from a debt collection agency can be jarring. Unfortunately, the strategies for dealing […]
Every business or organization essentially has two financial flows — revenue and expenses. You could also look at this in a more simplistic manner and define them as money coming in, and money going out. Money coming in is, obviously, what keeps a business afloat and allows it to operate for any extended period. However, […]
How to Improve Cash Flow for Your Startup When you have a startup, resources are often limited, including your cash flow. Unfortunately, you need a decent cash flow to reinvest in your business, so that it can flourish, grow, and ultimately become more profitable. With some creative thinking and resourcefulness, you can improve the cash […]
