Guest Article Cash flow is one of the most important aspects when it comes to running a business. As a business owner, you’re always trying to balance the money coming in versus the money going out. While it is important for you to be making a profit, it’s even more crucial to determine whether your […]
7 cash flow management tips every small business owner should use
Cash is king. If you don’t manage your money well, you could find yourself out of business quickly even if you have plenty of sales. I’ve written 7 of my best money management tips that every business owner should use to run a successful business. Use a Budget: Every Fall you should develop your new […]
How to Never Run Out of Cash
In the age of easy credit, having cash on hand can often seem old-fashioned. I say beware of such an attitude. The old saying “cash is king” is as relevant today as it ever was, and as an entrepreneur, it’s imperative that you always have a significant cash reserve to keep your business afloat. […]
How to Finally Start Earning a Profit in Your Small Business
Every week as SmallBizLady, I conduct interviews with experts on my Twitter talk show #SmallBizChat. The show takes place every Wednesday on Twitter from 8-9 pm ET. This is excerpted from my recent interview with @ruthking. Profitability Master Ruth King is a serial entrepreneur having owned 7 businesses in the past 30 years. Ruth has been […]