Category Archives for Improve Cash Flow
3 Steps to Make Your Small Business a Growth and Profit Center
Growing your small business takes careful planning and far-sighted business management practices, starting with a well defined business strategy. It’s hard to get somewhere if you don’t have
Continue reading7 Ways to Increase Cash in the Business – Without Spending to Do It
The math is simple. To have more money, you need to earn more or spend less. This list is just to help you break down the cash analysis you need to do. It’s not all-inclusive, but it’s a start. To
Continue reading5 Small Business Tax Deductions to Take Advantage Of
Business leaders can minimize taxable profit by taking advantage of tax deductions. The lower your taxable profit at the end of the year, the less you’ll have to pony up in additional taxes. Small business
Continue readingTop 3 Cash Leaks in Small Businesses and How to Fix Them
Just as most homes leak heat, most small businesses leak cash. And just as homeowners can fix most heat leaks themselves (a good can of caulk and a little time usually does the trick), small business owners
Continue readingFocus on Profit
I got asked an interesting question in the past week that inspired today’s post. Background: A gentleman is about to spin off of a medium size medical practice, as he has not been invited to become
Continue readingAging Receivables
Aging Receivables refers to invoices businesses have sent to clients that remain unpaid. They age in days, and more than 90 days aged becomes a red flag for increase aggressiveness needed in collections.
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