Mind Your Cash Flow for Small Business Success


Cash flow is key to small business success. How are you minding your small business cash flow? We hope these links will provide advice and insight.

Trends

Good cash flow among factors in small business optimism. Wells Fargo released encouraging numbers on small business optimism recently, calling small businesses the most optimistic since July 2008. San Diego Business Journal

Want to know why cash flow is critical to your business? See this report on difficulties facing small businesses as cash flow issues intervene. Always remember that cash flow is king in your business and that maintaining it is the key to your business survival. Dynamic Business

Operations

A closer look at the cash flow issue and why it’s important to you. Small businesses from an international perspective have suffered setbacks in some places due to cash flow difficulties. Here’s a closer look at how cash flow problems have impacted small business owners in Australia. Dun & Bradstreet

Small business success means high sales, low costs. Lisa Irlam, founder of Swimovate, a company whose product PoolMate is making huge gains in the market, maintains a simple strategy of keeping cash flow her company’s number one concern. The Sun

Tips

Cash flow means getting paid. A top tip for improving cash flow in your company is to institute policies that make sure your invoices are paid on time. Here is a tip for boosting timely payment of invoices by your customers, thus increasing cash flow. Business Credit Management

Timely payment key to small business survival. Small business owners say timely payment of pills by larger firms is at the heart of their problems with cash flow. They say solving the problem of timely payment is key to economic recovery. HeraldNet

Events

Cash flow management mentoring offered. The Small Business Finance Institute of Atlanta will hold a training event Feb. 29 to focus on financial mentoring as a way to help entrepreneurs with their greatest challenge, to transform their enterprises by teaching them to handle cash flow and financing challenges. eNews Channels

Policy

Public contracts bring more small business cash flow. Efforts to give small businesses the opportunity to bid on more public contracts offer a whole new way for smaller companies to boost their cash flow and the national economy all at once. Huffington Post

Success Stories

Managing cash flow key to one small business success. If you want to understand why cash flow is so important to small businesses, just ask Jesse Farley, owner and proprietor of Farley Appliances. He’s survived competition from Sears and other big appliance retailers by keeping an eye on the cash. YourBayAreaNews.com

Projecting your business’s cash flow. For some, the mild winter is resulting in below expected revenue since there is no snow to plow. Understanding what limits your cash flow should help you tweak your business model to minimize the risk. NBC 29



Joshua Sophy Joshua Sophy is the Editor for Small Business Trends and has been a member of the team for 16 years. A professional journalist with 20 years of experience in traditional media and online media, he attended Waynesburg University and is a member of the Society of Professional Journalists. He has held roles of reporter, editor and publisher, having founded his own local newspaper, the Pottsville Free Press.