Missing the cash flow to improve your cash flow?

Existing businesses seeking business financing have a harder time than start-ups, in securing a business loan. Entrepreneurs in search of start-up capital for their businesses can invent favourable figures in their projections used in convincing the bank to provide financing. A business owner looking for additional financing for his already established business does not have […]

Free Online Business Finance Workshops

Today, I ran across a series of free business finance workshops that seem very helpful. They take a while to load, but they are very well done. There is a PowerPoint style presentation with a voiceover (not just reading what is on the screen.) Each workshop covers a different “How to” – I’ve annotated the […]

Government Business Grants: Applying for Business Grants Online

After writing a post on making the decision to pursue the Government Grant path, I decided to put together some links for grant seekers.
· Here is a list of Federal Government Resources, including Grants, Contracts, and Auctions that provides a list of links to government grants.
· For information on finding and applying for government grants, and also […]

Cash Flow Tip - Business Cycle Coordination

One of the most important steps in attempting to calculate cash flow is breaking your business down into cycles.  Some examples of business cycles are:  inventory cycle, accounts payable cycle, sales cycle, and accounts receivable cycle. 
The key to smooth cash flow is to coordinate these cycles as much as possible with one another. Unfortunately for many […]

Resources for Women with Small Businesses

For all those female entrepreneurs out there, here are some great resources that I found compiled on the SBA’s Office of Women’s Business Ownership site.  Some, like the library and courses, are good for all you entrepreneurs, regardless of gender.  Many of these organizations are great ways to network, in addition to the specific benefits […]

Small Business Collections - 6 Tips

The most frustrating thing about running a small business is EVERYTHING that is out of your control.  One of these things is when your customers don’t pay you.  Here are some tips on collecting that money which is owed you already, and which you need NOW.  While you are waiting for your money, if you […]

Business Planning Freeware

During my morning surf, I found some directories of Business Planning Freeware and I thought I’d put links up.  I haven’t checked these programs out, so use your own judgement.  Some of them look rather old, but a formula is a formula and it looks like many of these programs could be very useful.
Many of […]

Online Business Finance & Accounting Calculators

By using online finance/accounting calculators and other online tools, you are able to bypass hiring someone to calculate for you AND you are able to recalculate quickly and easily for various situations, projections, and ‘what if’s’.
 
Bank Rate has the following free calculators for Small Business Owners:

• Calculate payments on any loan (incl. amortization schedule)
• […]

Improve Cash Flow: 8 ways to Getting Receivables Sooner

Our customers come to us when they are in a cash flow crunch.  Many of them are running very successful businesses, only the timing of their payables and Receivables is simply a bit out of sync. 
Here are 8 things you can do to shorten the time between when your customer wants something, and when you […]

Working Capital – Four Things to Plan!

Working Capital = Current Assets–Current Liabilities
Just like the human body needs calories to survive, a business needs working capital to continue operations.  Working capital is the money that is on hand for normal business operations.
If you have a solid business plan, and business is going well, then you should generally have enough income on hand […]

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