Learn about best practices to manage cash flow.
Watching the bottom line on seemingly minor expenses can add up to big savings over time.
An overview of different methods to use when chasing down debtors and the overdue bills owed to you.
Factoring your accounts receivables can fill in gaps in your cash flow. We review some key things you should know before you enter into this method, and discuss where you can find a factoring company.
Online invoice and payments software for small businesses can reduce the time it takes to get your money in the bank.
When money gets tight for your small business, a factoring company can help you leverage your unpaid accounts receivable to generate needed cash.
After you know pursuing a major purchase is the right step for your business, know the ins and outs of a smooth major purchase implementation.
Before you agree to a major project, a proper financial analysis is a must. Find out which analyses offer the most insight for your situation.
Once you've improved your cash flow, you'll likely encounter a lovely problem: a cash surplus for your business. Before paying down debt or investing with your extra capital, learn the pros and cons of each.
Part 1 explains the ins and outs of legally maximizing your owner's draw or salary, while not running afoul of the IRS or damaging your business's cash flow.
Making smart fiscal decisions is a large key to improving your cash flow, but cutting your operating costs is equally important. Discover what outsourced services and operational changes can reduce your operating costs and improve your cash flow.
While shortening the collection period can be a helpful strategy, managing your cash outlays represents the other half of optimizing your cash flow. See how you can hang on to your money for longer periods of time without incurring
Part 2 explores the numerous legal and tax-deductible ways a business owner could compensate him- or herself besides the usual salary or owner's draw.
Wouldn't it be lovely if your customers paid you faster? While it may sound like a pipe dream, consider these methods for improving your average collection period.
Once you've made your cash inflow and outflow projections and looked at the results, follow these steps to improve your cash flow.
While projecting when your business will receive cash from customers is critical, the flip side of the coin is equally important. Knowing when you'll have to pay out money can give you insight to make the right business decisions.
Preparing your cash flow budget will help you project cash inflows and outflows over a specific period of time. Learn how to create a sales forecast for your business with this invaluable budget.
Managing and accounting for your inventory is one of the most critical functions for a business that maintains an inventory of goods to be sold. Through a variety of free tools, you can streamline your inventory-taking and -management times.
When you consider expanding or purchasing expensive equipment, you may put your business in jeopardy or pave the road for expansion. Do the math before you dole out the cash.
Although sometimes painful, economic downturns are temporary and provide an opportunity to assess your business's direction.
Your credit terms set the time limits for your customers' payment on the merchandise or services received. Learn how to create a clear policy delineating when to extend credit to a customer and, if so, how much and for how long.
Manage your cash flow with ADP's payroll service. Includes direct deposit, tax filing, and general ledger interface.
Start your business with confidence. We offer various incorporation packages to get your business up and running. Starting from $99 and includes 6 months FREE Registered Agent services.