Blog
Category: Business Finance
How to Fund Business Growth
These days business owners looking to get an injection of cash into their companies have an almost endless list of possible funding options. However, that…
Moving Beyond a Cost Reduction Strategy
Expense reduction services and cost reduction consultants have been extremely busy over the last year as organizations scrambled to overcome pandemic-related barriers and an overall…
How Do We Measure the Integrity of Our Business?
The success of an organization rests largely on the trust it creates with employees, customers, and the general public. According to a recent Gallup poll, “68%…
Is It Time to Downsize Your Business?
Downsizing is never a light topic to broach, but for businesses that are financially compromised or experiencing a reduction in demand, it is important to…
What are the Benefits of Business Process Outsourcing?
Business process outsourcing (BPO) allows CEOs to focus on the job of running the entire business instead of getting bogged down with the management of…
Cash Management Strategies: Selling Accounts Receivable
With government assistance waning, business owners are evaluating other ways to improve cash flow. Since slow-paying clients are one of the biggest killers of cash…
Mastering the Budget Reforecasting Process
Budgeting and strategic forecasting creates a business roadmap to maintain stability and achieve growth. However, for forecasting to be accurate it needs to be modified…
Succession Planning: How to Leave Your Business in 5 Years
Did you know that 58% of small business owners do not have a business succession plan and almost half believe they do not need one?…
Accounts Receivables: Getting Paid
Accounts receivables are a hot topic for business owners because they are the primary driver of cash flowing into the company. Unfortunately, in the US…
Vendor Management: Pay Now or Pay Later?
Effective cash flow management requires careful control of both money coming in and going out. While practices like shortening payment terms, offering variable pricing, and…