We’ve talked about cash flow before. It's the lifeblood of your business, so it’s important to pay attention to it. And whether your company’s cash flow is high or low, there are always strategies to improve it. What causes that beginning-of-the-year dry spell? Every business is different, but many businesses experience a dip in cash flow in January and sometimes into February. There are many … [Read more...]
How to Create an Accurate Budget: Look Back
Many companies and individuals spend time creating and monitoring a budget. You know how it goes--if you’re a company, you look at your sales, and if you’re a person, you look at your pay stubs. Then you look at your bills. You think about how you want to save money. You wish you could save more, so you decide you’ll tighten your belt. The result? You come up with a budget that could only be … [Read more...]