Working capital holds the key to the success of your small business. Having adequate working capital keeps your business running. It allows you to pay your staff on time, buy inventory, sustain overhead costs, and other short-term expenses. In a way, working capital...
Dealing with late paying customers can be tricky. You don’t want to be harsh towards customers who delay payments, but you also don’t want to make your business suffer in the long run. You need to set a crystal clear system in place so you would know how to prevent...
We’re more than halfway through the year, and you might be wondering what else can you do to put your business to the next level. As a small business owner, the next two quarters will determine how you’ll make this the best year ever. With it comes end of year...
Cash flow is a top priority for any small business. It’s becoming increasingly important for entrepreneurs to stay on top of their finances no matter what tide the market is in. Cash flow can indeed make or break a business, but how can you manage it when there’s just...
We’re living in a time wherein businesses can truly thrive by being customer-centric. It also takes a lot to impress consumers these days, and businesses need to continuously innovate their customer experience. One negative social media sentiment from a customer can...
Small business owners would usually go anxious during months when cash flow unexpectedly goes down. But there are ways in which planning can be done ahead in managing cash flow during lean season. You will also prevent yourself from going downhill if you plan your...
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