Cash management is often called the “lifeblood” of a business, and for good reason. If you can’t pay your employees and you can’t pay your bills, you can’t continue as a going concern even if you have impressive sales on your books and are growing rapidly.
Far too many business owners make financial decisions based on their bank account balance. But that figure is constantly in flux. It only represents the funds you have at that moment but not the funds that will soon enter and exit your bank account as you pay your expenses and revenue is received. Instead you […]
Not long ago, most business owners needed a dedicated space to work from. But these days, it’s easier than ever to get things done over the internet. While traditional offices are still common, many business owners are choosing to work while on the go instead. Equipped with a laptop, mobile phone, and a tablet, you […]