Cash is king. That’s one of the important lessons Jeff Bezos the wizard of cash flow – has taught the business world over the last decade or so. But to maximize cash flow and other key performance indicators, you need to understand how all the moving parts of your company’s financial ecosystem are working […]
By Tiffany Rowe For the first few years, few small businesses enjoy a healthy, balanced cash flow. More often than not, there is just enough money to go around, which means it could take years to save up enough cash to accomplish your bigger business goals. It might not be a flaw in your business […]
In the rush and excitement of starting a new venture, it’s easy to overlook the importance of good small business bookkeeping in the early days and let things slide. When this happens, small business owners often get a rude awakening in the not-so-early days of the business. This can come in a variety of ways, […]
By Cliff Ennico “Cliff, we love your column. You give lots of good advice but you dole it out piecemeal, week by week. “Every once in a while, can you pull together some of your pearls of wisdom and summarize them in a single column? It would be nice to have a handy ‘checklist’ of […]
Managing fuel costs may not be quite the high-stakes proposition in your small business that it is in the airline industry, but you can learn a few things from how various air carriers have dealt with rising – and falling – fuel costs. Right now, Americans are enjoying very low fuel costs. However, we all […]