The right small business loan or line of credit can help you smooth out cash flow cycles and position your business to leverage opportunities while better managing expenses. For example, financing can help you hire sales or service staff to build revenue. Or you can use it for renovations and...
Return on equity, free cash flow (FCF) and price-to-earnings ratios are a few of the common methods used for gauging a company's well-being and risk level for investors. One measure that doesn't get enough attention, though, is operating leverage, which captures the relationship between a...
9. Leverage tech If your budgeting, accounting, and financial reporting is still in spreadsheets that need to be updated manually, managing cash flow is going to be tough and time-intensive. That's why financial tech tools are so quickly being adopted by small businesses to make managing the...
Leverage cash flow insights in Balance and comprehensive dashboards in the Finances section of your Shopify admin to make informed money decisions. For example, you might learn that your business has been spending more than it’s been earning over the past few months and decide to hold off ...
Many manufacturers leverage debt to purchase equipment which could create unexpected business cash flow issues. Companies should review debt agreements for potential cash flow saving opportunities. In some instances, buying equipment with cash may be cheaper than buying it with financed debt. ...
Leverage on-demand visibility of all your company’s cash flows (both in and out) Integrate your P2P workflows with other accounting software to ensure you have accurate and complete information you need to manage cash flow and reduce risk. In addition, by centralizing your data management, str...
Liquidity ratios measure a company's ability to turn assets into cash topay its short-term debts (liabilities that must be repaid within one year). These short-term debts are of particular importance to the firm's lenders who expectto be paid on time. •Leverage (debt) ratios measure ...
A growing number of small businesses in Singapore are employing digital solutions to effectively manage their cash flow. One in three small businesses on the island are using accounting software like Xero to leverage tools such as forecasting and analytics that can provide real-time financial insights...
If your business provides veterinary services, non-emergency medical care, or dental services, you’ve likely closed your office to all but emergency appointments. However, there are many telehealth services available now that you can leverage to continue to provide some care to your patients in ...
Leverage your spend data. Analytics can reveal incredibly useful insights you can use to protect and improve cash flow. If your cash flow statements indicate August is an historically slow month, but September usually brings record sales, pay a bill that’s due on September 1st on the actual ...