How to Build Your Emergency Fund – When You Have No Money

Posted on 15. Oct, 2020 by in Cashflow, Disaster Plan, Small Business Tips

This year’s pandemic highlights the importance of having enough money set aside in an emergency fund to cover six to nine months of key expenses should you lose your job. But how do you build an emergency fund if you don’t have any extra money? The easiest way to accomplish this is by reducing your […]

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Great Tips to Improve Your Credit Score

Posted on 22. Sep, 2020 by in Cashflow, Credit Report, Managing Finances, Small Business Tips

You’re ready to take out a loan to buy a house, a car or get a credit card. You fill out the application and wait to hear from your bank on its decision to loan you the money. And then you get the dreaded phone call. Your credit score wasn’t high enough to approve the […]

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Make Your Cash Worth More

Posted on 16. Jan, 2020 by in Cashflow, Managing Finances, Misc. Articles, Small Business Tips

Your cash is parked. Do you know if it’s making or losing you money? For instance, letting it sit in a non-interest-bearing account is a waste of earnings potential. It’s actually losing money if you factor in inflation! Here are some ideas to help you make the most of your banked cash: Understand your bank […]

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Cash Flow: A Central Part of Your Business Plan

Posted on 24. Dec, 2019 by in Cashflow

When tracking and planning your business objectives, it’s easy to focus your analysis on two reports — the income statement and balance sheet. But one of the primary keys to your business’s success relies more on how you handle the money flowing in and out of the business. The appearance of a solid profit can […]

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Seven Simple Ideas to Help Your Small Business

Posted on 29. Oct, 2019 by in Bookkeeping Articles, Cashflow, Customers, Human Resources, Managing Finances, Small Business Tips

If you are like millions of taxpayers trying to make a living running a small business, you know it is tough out there. Here are seven ideas to help your business survive and thrive.  Understand your cash flow. One of the biggest causes of business failure is lack of understanding cash flow. At the end of the […]

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5 Ways to Speed Up Your Cash Flow 

Posted on 25. Oct, 2019 by in Cashflow, Small Business Tips

One of the biggest challenges for small businesses is managing cash flow. There never seems to be enough cash to meet all of the obligations, so it makes sense to speed up cash flow when you can. Here are five tips you can use to get your cash faster or slow down the outflow.   1. Stay […]

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