How Invoice Factoring is the Key to Cash Flow Issues
Cash flow is a critical component of business, often being the determining factor between success and failure. A positive cashflow is necessary for everyday business such as buying inventory and paying bills, yet approximately half of companies breakeven or have a negative cashflow over a period of one month. Despite the best intentions of business […]
The Top 4 Cash Flow Forecasting Mistakes
Strong businesses have a solid handle on their financial reality, and the cash flow statement is an excellent, if not the best, measure of a company’s ability to generate cash in excess of cash invested. Over a sufficiently long period of time, all businesses have to generate positive cash flow or they will go out […]
How to Better Manage Your Cash Flow
How to Better Manage Your Cash Flow These four steps will help you keep track of the money coming in and out of your growing company. Cash is king when it comes to the financial management of a growing company. The lag between the time you have to pay your suppliers and employees and the […]
The 3 Most Common Excuses for a Lack of Innovation – and How You Can Conquer Them
“We are focusing on something else right now.” “We already focus on innovation, but we call it something else.” “We already have a strategy for innovation.” “That’s not my job.” While challenges for companies vary, excuses for a lack of innovation are always surprisingly similar. Below are three everyday excuses you may hear in your […]
4 Principles to Develop Next-Level Leadership in Your Company
For a company to be successful, it must find a way to develop talent. It isn’t always possible to hire leadership from the outside. Being able to develop leaders within the ranks will help the company to grow and fill future needs that come about organically. When I worked for a company that was growing, […]
8 Ways Your Startup Can Master Sales and Growth
Proven methods of making a new enterprise a mover in your sector.
3 Cash-Management Strategies for Improving Cash Flow Issues and Optimizing Efficiency
Maintaining positive cash flow is key to stability, growth and building confidence in your business.
3 Reasons to Stop Creating Financial Reports Manually (and 3 Things to Do Instead)
If you haven’t automated this process, you’re wasting precious time.
9 critical errors that jeopardise your company’s future
Cash flow is a crucial element of success whether your business is just starting out or well-established. However, as a business owner, you may find it difficult to move toward positive cash flow while juggling the other management tasks on your plate.
3 Strategies for Managing Your Profit-Drain Customers
Managers today have a huge unaddressed opportunity to engage and manage their large, profit-draining customers, creating win-win relationships that rapidly increase profits and lock in these key customer relationships. As yesterday’s mass markets fragment, managers must shift from broad-based product management to highly focused management of target customer segments — and even individual customers.