Ten Tips for Financing Your Startup on a Shoestring Budget Editor’s Note:This article is part of thestartup toolsblog seriesRun Your Businessbrought to you by the marketing team at Unitel Voice, thevirtual phone systempriced and designed for startups and small business owners....
Damian Brychcy, COO ofCapital On Tapsays “The single piece of financial advice I’d give to any small business owner is to be prepared before the economy goes south. I think the number one thing you can do is have access to one or two lines of credit that stay open that you don’...
Smart small business cash flow management is the bedrock for long-term, sustainable growth. That means converting sales into cash as quickly as possible, while reducing and extending your payments, to build a cash cushion. How? Here are 12 tips for how to improve cash flow management and posi...
Home > Blog > Financial Health > 9 Small Business Cash Flow Management Tips× I am a professional freelance writer from the United States that specializes in making insurance, investing, and retirement planning understandable. Having worked as a financial advisor, I add a layer of expertise to ...
6 Startup Cash Flow Management Tips Too many startups with great ideas have folded because of the small business cash flow challenges they weren't prepared for or didn't understand. Soon, enough reality comes calling, and they realize there is no more cash surplus for paying the rent, or...
Every small business should divert a substantial stream of revenue into a reserve stash of cash on hand, though that can become a distant dream if costs and loan payments mount. Arevolving line of creditis a must for restaurants. If banks don’t help, consider credit unions, which are pros...
Get more information about small business cash flow management, including the benefits of cash flow management and a rundown of our top tips for managing cash flow. Basics of managing cash flow From paying suppliers and purchasing materials to meeting payroll and keeping the lights on, it’s ...
records in case your business ever gets audited. It’s better to be overly cautious with documenting cash transactions. You will never say, “I wish I didn’t keep such good records.” TheSmall Business Administration, Opens overlayprovides some great tips on record-keeping for small businesses...
Ready to do more business with email marketing? Start Your Free Trial No risk. No credit card required. Learn more.Hal Shelton Hal's Website Hal is passionate in helping small businesses start up and grow. Get insider tips, hints, and techniques for creating a winning business plan ...
More Useful tips to Mention State and local grants are also available, which might be easier for small businesses to navigate. Making connections in a community can often open up doors that could pay off with agreat amount of funding without any of the repayment strings attached.It is also ...