Internal Cash Flow Management: Managing the Receivables Process
Small businesses serve as both providers of goods and services to clients, and also act in the role of client to their vendors. If your business needs to increase cash flow, and you’ve already considered the terms and conditions of your receivables, then it may be worth examining your vendor payment cycle and your business’ relationship to its vendors.
Bootstrapping a Business
When you're on the receiving end of advice on how to start a small business, you will receive endless advice about getting grants and SBA loans, hiring consultants and market research firms.
Financing Basics
While poor management is cited most frequently as the reason businesses fail, inadequate or ill-timed financing is a close second. Whether you're starting a business or expanding one, sufficient ready capital is essential.
Debt Management
Debt management is a topic most people will have to deal with at some point. Debt is acquired by not living within your means. Living within your means is simply that you do not spend more than you make. Debt management is controling and managing debt responsibly.
