One of the very best reasons for setting goals, whether in business or in your personal life, may just be the fact that if you don’t know where you’re going, you could end up somewhere you don’t want...
At some point, your small business may become unprofitable. Maybe not overall, but during a month or a small period of time, you will most likely post a loss.
That can be a stressful situation for a...
Forecasting is basically the use of historic data to predict future events, and the wisest business owners make full use of the financial data at their disposal for everything from planning for...
Properly managing your small business cash flow is critical if you want to succeed. Even if you are just a startup with no revenues, but you have raised money, cash flow is still incredibly important.
An inability to manage cash flow can kill a small business. One of the biggest reasons for small business failure is a lack of cash flow management.
I was watching CNBC's The Profit last night and Marcus Lemonis said something brilliant.
Chief financial officers (CFOs) tend to have a lot of different roles within a company. For small businesses, the role is even broader. However, most of the time, a company can't afford a CFO or...
Moving your business where you want to go is a lot like driving a car; it can be easy at times and absolutely crazy in other situations. Growing up on the east coast, I'm naturally an excellent...
Growing a small business can be one of the biggest dreams of any owner or entrepreneur. It doesn't come easily, though, without some proper practices that help to increase the success of the business...
