Financial Challenges of 2018 (and how to meet them)

With the New Year already here, what are the big issues and priorities facing your business in 2018? According to a recent article in CFO.com, financial priorities of CFOs for the coming year include “survive disruption,” “raise prices,” “increase margins,” and “drive a culture of

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Breakeven Point

Breakeven Point

The term “Black Friday,” was coined to mark the day that officially kicks off the holiday selling season when many retailers reach their breakeven point for the year. For small business owners the breakeven point is denotes the volume in dollars of revenue at which

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Payroll - Managing Your Biggest Expense

Payroll

When 16-year-old Rosalinda Ahuatzi started her own nutritional shake business in Lexington, Kentucky, within months she had to hire an employee to operate the shop while she attended her high school classes. Now 17, this busy young entrepreneur is hoping to generate enough cash flow

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Fixed Assets

Fixed Assets: Think Before You Spend

Fixed assets are assets such as land, buildings, and equipment that are not likely to be consumed, sold or otherwise converted into cash in the normal course of business. These are assets you don’t expect to part with any sooner than a year’s time. Another

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Accounts Receivable

Controlling Your Cash Flow

Accounts receivable (A/R) is the amount of uncollected revenue you expect your company to receive from your customers. It represents the largest and most accessible source of non-financing cash available to most companies. How efficiently you manage A/R will go a long way to determining

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Cash Flow Problems

The Cash Crunch Conundrum

Why do businesses fail? Maintaining cash flow is the number one reason, showing up in 82 percent of business failures, according to this infographic from Insurancequotes.com. The graphic pulls together information from sources such as the National Federation of Independent Businesses, the U.S. Small Business

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