Small Business Cash Flow_small.jpg  90% of small business failures are caused by poor cash flow. Put simply, not enough cash coming in the door and too much going out. Getting paid on time and managing your outgoings is critical to business success. Here you will find all you need to know about ensuring you get paid on time and developing effective cash flow policies.
Accounting issues to avoid 20 October, 2011
Small business owners face many of the same challenges that larger businesses face. However, unlike with large corporations or partnerships, many small business owners lack the financial resources to pay for professional services or third-party help. If you are a small business owner and find yourself in this situation, consider the following tips to avoid small business accounting issues and ensure the proper handling of your company's finances in the future.
Three steps to budget success 14 October, 2011
Even when the economy is going well, people often want to know how to "find" more money in their budgets. Expanding your budget, however, is never as simple as wishing the money into existence. If you want to save money in the long run and build wealth, here are three things you can do to achieve your goals.
Six accounting rules to break 06 October, 2011
The difficulty with accounting is that it is often not very useful or exciting.The key, however, is to give up thinking like an accountant and instead think like a finance person. There is a substantial difference. Accountants live by rules. Finance professionals break them. Accountants give you data about the past. Finance professionals give you actionable information about the future.
How to avoid bad debts 23 September, 2011
Paying your bills and issuing invoices on time are a big part of good cash flow management. If you miss a payment or fail to chase up a customer, you could rack up a debt collection that may place your business in the red. Here are three ways you can lower your chances of accumulating a bad debt.
The difference between working capital and equity financing 15 September, 2011
It's not uncommon for business owners suffering through a cash flow crunch to think that bringing on an equity partner or investor, such as a venture capitalist will solve all of their problems. Unfortunately, many businesses fail due to a lack of knowledge about these quite  different  forms of financing, and the  long term implications  of each.
How to optimise your business's cash flow 05 August, 2011
Cash flow is often more critical to the growth of a small business than profits. The most important factors to consider when optimising your business's cash management are diligence and the right set of budgeting tools and projections. Here are some ways to improve your business's cash flow.
Top seven payroll mistakes 07 July, 2011
Any business with employees must have a system in place for handling payroll activities, which includes paying employees, filing all necessary government forms, and paying taxes promptly. Here are seven of the most common payroll mistakes to be aware of.
Bigger is better: benefits to growing your business 07 July, 2011
Don't let the 'small' in small business fool you- there are more benefits to expanding your business than you may think. Last week we outlined some of the disadvantages associated with expansion. However, there exist plenty of professional and financial advantages to growing your company, the most obvious being improved sales, investment and marketing opportunities.
Stay small or grow? 30 June, 2011
Business may be booming and unexpected new opportunities may be knocking at your door, but beware of growing too quickly or taking on more than you can handle. It can be easy to forget the difficulties associated with a new venture, which is what a larger version of your business would be in its early stages.
Alternative financing options for small business 24 June, 2011
Small business owners must now often make risk-reward calculation when they have the opportunity to do business with a large customer. The boost in sales is great. But they have to be able to survive the cash flow lag created by the extended payment terms.

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