Posts tagged Financial Management
How to use a Cash Flow Forecast to Control Spending and Boost Profit

Too often, business owners become the victim of poor cash planning or “swiss cheese” style of cash management -- letting cash leak out of the business simply by not paying enough attention to expenses. In fact, 82% of businesses fail because of cash flow problems (according to a US Bank study,).

Being proactive and strategic in managing cash is critical to your business success. And the best way to do that is to start by crafting a detailed cash flow plan.

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It's That Time Again: How to Do a Quarterly Review

Your quarterly review shouldn’t be a huge, burdensome process. In fact, the review process should be simple and energizing for everyone involved. It’s an opportunity to reconnect your team to your shared purpose, and make sure everyone is clear on the goals you are pursuing as a company.

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Are You Paying Yourself Enough?

Too many business owners leave their personal lives out of the financial equation. They’re so focused on the business’ ‘success’ that they never stop to consider where they want to be in relationship to it — now and in the future.

The thing is, we’re not just business owners, we’re people with families, retirement goals and any host of other responsibilities.

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The Low Down on Financial Strategy

Money may be sexy; but talking about money is NOT.

Financial words are a HUGE turn-off. Not because they are hard to understand - but because so many people feel so allergic to hearing them that they tune out and then miss out on the possibility of understanding.

Well, here’s the dirty truth. Financial words hold power. To unlock that power

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