80% of businesses fail because of poor cash flow management. This article provides indicators of cash flow to be aware of at all times, and 8 different ways to encourage clients to pay on time.
These programs are very similar, and it can be hard to decide which option is best for your business. That’s why we created a table that easily breaks down
Good negotiation requires strong communication skills, honesty, creativity, and flexibility. It may not be the easiest thing to maneuver, but if done well, it can help you find smart solutions and build better working relationships. And maybe even save you some money.
As a business owner, there are some overhead costs you simply can’t avoid. Auditing your company’s spending is a great way to find areas where you can consolidate, save money, and improve processes. Follow these steps for auditing business expenses and cut unnecessary spending.
Keep costs down and revenue up – seems easy enough, right? We know it’s not always that simple. We’ve outlined five different ways to increase revenue; including how to use data, how to optimize with mobile, and more.
Implementing our cash flow strategies will help your business succeed and grow for years to come. Our strategies outline best practices for all the aspects of your business that effect cash flow; resource management, scheduling, technology and more.
Technology can help save time and increase productivity, but it can be overwhelming to choose which technology is right for you with all the options available today. Learn how to determine the right technology to purchase with these easy steps.
Knowing when to start hiring is a tricky process. Hire too many people too soon, you might run out of funds. Wait too long to hire, and you could miss out on potential growth. We’ve provided a list of indicators (…a nicer word for red flags) of when it’s the right time to hire.
Acquiring new customers is significantly more expensive than it is to keep the current customers you have. Marketing can be an easy way to build better customer relationships and preserve and grow those relationships over time. Learn how to use social media, messaging, and more to increase sales.
In today’s world, consumers expect and require instant gratification. The most notable companies (Amazon, Apple, Google, etc.) all have one thing in common; exceptional customer experience at every stage of the journey. Learn how to make customer-centricity part of your business.
Protecting your company and your customers’ sensitive data is crucial for the success of your business. If you are concerned about a data breach, there are a few key things you can do to ensure better protection.
If only we all had more time! As a business owner, time is the most valuable resource. Maximizing productivity can mean more efficient employees, happier customers, and a stronger bottom line. Read our tips for creating time and space to improve productivity and growth.
Understanding your business’ financials is a major undertaking, and the more comfortable you are, the easier it will be to make smart fiscal decisions. Brush up on terms to know, different accounting methods, and budgeting best practices.
Your profits don’t always tell the full story. It’s common for small business owners to think they have stronger cash flow than they actually do. Learn the importance of the difference between your profits and business’ cash flow.