Finance

Use Financing To Solve Your Cash Flow Problem

By Tom Gazaway - Oct 14, 2012 - 7 Comments

Let's be honest about cash-flow for your business. It's not always something to brag about. We all hear people say cash-flow is king [and it is]. After all, without it you basically have a hobby rather than a business. Or if you have cash-flow but it's not good then that probably means your … Read More

QuickBooks Online Goes Global

By Annie Pilon - Sep 27, 2012 - Leave a Comment

Accounting software for small businesses has traditionally been focused on all things local – local tax laws, local taxes, local accounting standards, and more. That’s why it can be difficult for many small businesses to go global or cross over borders, especially without taking the time to … Read More

Simple Mobile Banking App: Only for the Smallest Sole Proprietors

By Anita Campbell - Sep 7, 2012 - 1 Comment

Small businesses are undergoing a revolution in how we handle and manage money. Traditional banks are not going away anytime soon. But we are in the midst of some long-term changes, and it's a highly fragmented landscape today. New solutions keep popping up that are not banks or even … Read More

Limping Financial Results: Affecting Your Business And Your Life?

By Steve Wilkinghoff - Sep 2, 2012 - 3 Comments

There is a continual stream of decisions that every small business owner makes. And every single one of them has an impact on the financial results your business creates for you. Just a few of these things include: What products or services to create. How to price your products or … Read More

Access to Credit and Business Survival

By Scott Shane - Aug 27, 2012 - 2 Comments

A paper published last year by Traci Mach of the Federal Reserve Board of Governors and John Wolken, formerly of that organization, shows how important access to credit is for small business survival. Using data from the Federal Reserve’s Survey of Small Business Finances, Mach and Wolken … Read More

Budgeting From The Ground Up: This Budget Actually Means Something

By Steve Wilkinghoff - Aug 23, 2012 - 3 Comments

Most small business seem to have a strong dislike for budgeting. The feeling is that budgets are just a time wasting distraction from the things that really need to get done. You probably have similar feelings toward budgeting. And you’re right. Budgeting is a waste of time if you do it … Read More

Accounts Receivable Financing and Factoring: How it Helps Small Biz Cash Flow

By Susan Payton - Aug 5, 2012 - 10 Comments

Say you're strapped for cash. You don't exactly need a small business loan, nor do you have the time to go through the application process. Although you are expecting several invoices to be paid by large clients in the upcoming weeks or months, you need money now to pay your employees and vendors. … Read More

Xero Makes Changes to Improve Cloud-Based Accounting Software

By Annie Pilon - Jul 30, 2012 - 6 Comments

Online accounting software company Xero has made some changes in the past few months to better help business owners manage their finances. These changes aim to improve the company’s online accounting services so that small business owners can spend less time managing their finances and more time … Read More

Summer Financial Checklist For Small Business Owners

By Nellie Akalp - Jul 20, 2012 - 3 Comments

Now that summer is well under way, our focus is often on beaches and barbecues, not necessarily business finances. Yet the mid-way point is the perfect time to review the financial and tax health of your business. Financial planning is an ongoing process for small business owners and taking … Read More

Small Banks Are Making a Big Impact on Small Business Lending

By Rohit Arora - Jul 17, 2012 - 6 Comments

After months of decline, banks have jumped head-first back in the small business lending. This is good news for entrepreneurs. The latest Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan applications, found that approvals in June by big banks ($10B+ in assets) jumped a … Read More

Crack It Open And See What’s Inside

By Jamillah Warner - Jun 25, 2012 - 4 Comments

Business is full of exchanges. At the local coffee shop, I watched an older gentleman give a little boy and a little girl a dollar coin each. His big sister knew what it was immediately. But the three year old boy, we’ll call him Charlie, turned to his mother and said, “What’s … Read More

Learning About Net Profit And Cash Flow From A Sculptor

By Steve Wilkinghoff - Jun 7, 2012 - 3 Comments

What can a sculptor teach you about making net profit and cash flow? A lot. The sculptor starts with a block of stone. But that doesn’t automatically mean they will end up with a pleasing statue. The stone is nothing more than the raw material – the potential - for the sculptor to … Read More