Archive for March 2016
8 Simple Changes That Will Solve Your Cash Flow Problems
If your business is struggling due to tight cash flow, consider these eight simple operational changes that can make an immediate impact 1: Increase billing frequency. If you typically bill clients once at the end of each month for work completed, try billing on the 15th and 30th instead. This will get money coming in faster matching…
Read MoreWhat You Need to Know About Debt-to-Equity Ratio
If you’ve ever looked at obtaining financing for your business, you’ve likely heard of the debt-to-equity ratio. But, what is it? And, what does it mean to lenders? Here’s what you need to know about debt-to-equity ratio. What is debt-to-equity ratio? The debt-to-equity ratio compares a company’s total amount of debt to its total amount…
Read MoreSpring Clean Your Small Business – How Long Should You Keep That Document?
3 Reasons Why a Budget is Important for Your Business
Entrepreneurs are often told that a budget is an important tool to use in managing their business. However, many don’t know why it’s important. Maybe you set a budget at the beginning of the year and never hit any of the numbers. You wonder, “what’s the point?” Or, you set a budget and always come…
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