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. […]

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 […]

The Credit Crunch – What Options are Left?

Small businesses across the country are trying to survive the current credit crunch.  The recent changes in the credit market have resulted in much more restricted access to capital.  As any small business owner knows, access to capital is crucial to growing and surviving in business. Capital was easy to come by for many small […]

Bartering Organizations – Questions to Ask Before Joining

See previous article about bartering for background. There are about 500 bartering organizations in North America.  How do you know which ones to join?  There is no universal RIGHT answer here, you just need to ask the questions, and see if the answers meet your bartering needs. First off, membership fees are generally low monthly (occasionally […]

Top Rated Books – Restaurant Management

Since so many of our clients are in the food service industry, I decided to research books that customers from Amazon.com rated 5 stars for Restaurant Management.  These are the books they recommended: 1. The Restaurant Managers Handbook: How to Set Up, Operate, and Manage a Financially Successful Food Service Operation by Douglas Robert Brown (Hardcover […]

Bartering – Relieve Cash Flow Strain & Get Referrals

Bartering removes the money element; thereby relieving strain on your cash flow.  You are a restaurant in need of advertising?  Great!  You provide catering at a big morning meeting and, voila, you get barter credit which you can use to get those flyers – and maybe also a paint job.   A key side-effect (and the […]