As a small business owner, it can sometimes feel like you’re alone on a desert island with no help in sight for the endless financial reports you have to deal with. This blog post on how to understand and calculate cash flow is the 3rd in a series we’ve been doing on...
Cash Flow Management
3 Most Important Types of Financial Statements Your Business Needs
It’s a question that most of us have been asked at a dinner party at some point in our lives: “If you were in a plane crash and stranded on a desert island, what one _____ would you want with you?” In 2005, The Office did an episode titled “The Fire” in which a small...
4 Winning Strategies on How to Manage Cash Flow in Your Business
Learning how to manage cash flow is one of the best business skills you could ever learn. Sadly, it’s something a lot of business owners never figure out, which is why so many of them are stressed and stretched to the limit. They operate from moment to moment with...
3 Reasons to Check With Your CPA Before Making Big Business Decisions
Vegemite is like nothing else on the planet. Australians love it. They’ve written songs about it. It has its own national holiday. In fact, it’s so celebrated down under that it was the first product on the continent to be electronically scanned at a grocery checkout...
How to Manage Cash Flow with 4 Simple Metrics
“Cash combined with courage in a time of crisis is priceless.” – Warren Buffett “Never take your eyes off the cash flow because it’s the lifeblood of business.” – Richard Branson When we want to do something well, we are wise to look for advice from those...