... customized payment schedules. If this is the case for you, be sure to adjust your cashflow expectations and projections to recognize these variances. As mentioned, today’s technology is driving how ...
Run a business for any length of time and the importance of cashflow becomes abundantly clear. When payroll is due, bills are piling up and funds aren’t available, blood pressure tends to rise. For this ...
Inefficient inventory management is one of the biggest cash drains on many businesses, depriving them of valuable working capital. Excess inventory is literally cash wasting away in your warehouse or on ...
When business owners start to feel the choking effect of a slow cashflow, they often blame their customers. “Why aren’t we getting paid on time?!” But it’s important to remember that cash flow is affected ...
You’ve no doubt heard the old business cliché “cash is king.” And it’s true: A company in a strong cash position stands a much better chance of obtaining the financing it needs, attracting outside investors ...
... to 401(k) and profit-sharing plans can hamper retirement-planning efforts. One solution may be a cash balance plan. Defined benefit plan with a twist The two most popular qualified retirement plans ...
From the time a business opens its doors, the owner is told “cash is king.” It may seem to follow that having a very large amount of cash could never be a bad thing. But, the truth is, a company that’s ...
... For many businesses, five common situations often prompt a pivot: 1. Financial distress. When revenue streams dwindle and cashflow slows, it’s critical to pinpoint the cause(s) as soon as possible. ...
... likely expect to be offered a credit option when engaging in B2B transactions. On the other, credit arrangements inevitably come with risk of late payments or nonpayment, which can lead to cashflow problems ...
... means you can choose to contribute only when cashflow allows. In addition, there are typically no setup fees for SEP IRAs, though participants generally must pay trading commissions and fund expense ...
... not only help them better understand the current state of your business, but also demonstrate how you expect your company to grow. For example, the discounted cashflow section of a valuation report can ...
... is to generate enough cashflow from an acquired business to pay any acquisition debt and provide an acceptable return on the investment. Therefore, buyers are concerned about limiting exposure to undisclosed ...
... operations might not be generating sufficient cashflow. Don’t panic If interim financial reports do uncover inconsistencies, they may not indicate a major crisis. Some anomalies might be attributable ...
... uncommon in today’s inflationary environment where everyone is trying to preserve cashflow, sometimes it helps to review the basics. Here are six tried-and-true strategies for increasing your chances ...
... for objectives. If possible, determine the market rate for influencers in your industry and make sure the compensation involved won’t strain cashflow. Ask an attorney to review the contract. Finally, ...
Every business wants to find them, but they sure don’t make it easy. We’re talking about cost cuts: clear and substantial ways to lower expenses, thereby strengthening cashflow and giving you a better ...
Many small businesses start out as “lean enterprises,” with costs kept to a minimum to lower risks and maximize cashflow. But there comes a point in the evolution of many companies — particularly in a ...
... objectives will drive the projected income statement, balance sheet and cashflow statement included in your business plan. Be particularly sure you’ve discussed how you’ll fund any cash shortfalls that ...
... of cashflows. This report tracks sources and uses of cash from operating, investing and financing activities. Essentially, it shows how your business will make ends meet each month. In addition to acquiring ...
... your financial statements will comprise three major components: an income statement, a balance sheet and a statement of cashflows. Each one contains different, but equally important, information about ...