7 Cash Flow Management Mistakes Businesses Should Avoid

7 Cash Flow Management Mistakes Businesses Should Avoid

Cash flow management mistakes can throttle business growth. They’re also incredibly easy to make and can go undetected until serious issues arise. They’re one of the reasons why 90 percent of small businesses sought emergency funding during the pandemic, per the Federal Reserve Banks Small…

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6 Business Growth Strategies for Successful Small Businesses

Growing business or store from small to bigger as success

You’ve created a product or service people appreciate, developed a brand, and finetuned your processes. You’re profitable and doing well, but your small business isn’t growing. What gives? Developing effective business growth strategies is a serious challenge. Just one in five manage to scale their…

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How a Cash Conversion Cycle Works & Calculating the CCC

Cash conversion cycle flow

As a small-business owner, you’re probably keenly aware of the cash conversion cycle (CCC), even if it’s not something you’re intentionally measuring or monitoring. It’s a measure of business health and, when you’re nailing it, you’ve generally got solid cash flows and plenty of money…

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How to Finance an IRS Business Lien by Factoring

Finance an IRS Business Lien by Factoring

Already have an IRS business lien or worried the government will file one? Often the result of unpaid payroll taxes or other tax issues, liens can stall business growth and make it much harder to pay debts no matter how diligent or dedicated you are….

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How Do You Know Your Clients Won’t Leave You with Unpaid Invoices?

Unpaid invoices

If you’re worried your clients won’t pay their unpaid invoices due to COVID-19 and the residual economic ripples, you’re not alone. In an era where 55 percent of “temporary” small business closures have become permanent, according to Business Insider, and business bankruptcies are skyrocketing 26…

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Bottom Line: Prepare Now for the Next Downturn

Prepare Now for the Next Downturn

Not long ago, a well-known professional wrestler had a popular catchphrase he would shout out during TV promos. “That’s the bottom line, ‘cause Stone Cold Steve Austin said so!” This meant the audience could bank on what the hulking grappler had said would come true,…

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