Take these 6 easy 30-60 minute steps to actively manage your cash flow
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Take these 6 easy 30-60 minute steps to actively manage your cash flow

50% of businesses fail by their 5th year. 82% of those failed businesses say it is because of cash flow. ~ Small Business Administration What the heck is cash flow?! Cash flow for a business is critical to keeping your business going, paying your employees on time, and making sure you have your product available…

How should I pay my vendors, and what the heck is an EFT?
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How should I pay my vendors, and what the heck is an EFT?

It’s the middle of the month and you know it’s almost time to start paying the bills you’ve received from your vendors. You haven’t been surprised by any of the expenses—you’ve planned for each one and knew they were coming. Great work! Your preparation only leaves you with one question: how should you process each…

Successfully managing a business through inflation
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Successfully managing a business through inflation

Inflation sucks, let’s be real. It means paying attention to your costs to do business as well as increasing costs for your customers. As a business leader if you have not already done so, you’re thinking about raising the price of your products and services. Whether you run an inventory based business where the costs…

Why Budgets and Forecasts Matter
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Why Budgets and Forecasts Matter

If you’ve always thought your business forecast and your business budget are one in the same, we have good news: You’re not alone. Whether your business is big or small, it’s important to have an accurate forecast and budget. That’s because both of them work together, helping you reach your ultimate goal—financial prosperity. But while…