Cash Flow

[ad_1] Imagine this: you are a small business owner, and you notice a specific product you offer is moving off your shelves at an unprecedented pace. You want to get this inventory back in stock ASAP to meet the rising demand. You check in on your bank account to make …

[ad_1] Cash flow management is one of the trickiest aspects of running any business but especially a small business. An entrepreneur whose income statement shows strong profitability can still find himself in a cash crunch. The culprit? Cash flow. Cash flow is a challenging concept for many to understand. I describe …

[ad_1] It can be pretty scary to leave that ol’ reliable paycheck behind when you’re venturing out on your own to start a new business. But you don’t have to take that sort of plunge — you can get your feet wet by getting your side hustle on. In this …

[ad_1] Many first-time business owners think about cash flow only when their cash reserves are low. Small business owners, however, know that, for them, “cash is king.” Related: The 5 Worst Cash-Flow Mistakes Small-Business Owners Make  For many businesses, getting paid isn’t the problem – it’s when. Lumpy cash flow is …

[ad_1] Businesses fail every day. In fact, statistics show that the majority of new companies will fold within a few years. Why is that? What are the most common reasons for these flops?  Naturally, interested parties have generated a variety of studies and statistics regarding the factors for success and failure among …

[ad_1] Reader Resource Join Entrepreneur’s The Goal Standard Challenge and make 2017 yours. Learn more » More small business owners and freelancers recognize the benefits of moving from manual invoices created in a word processing program and then mailed or faxed to their clients, to online invoicing solutions that speed …

[ad_1] This story appears in the October 2016 issue of Entrepreneur. Subscribe » Mitchell Compton II’s success was starting to freak him out. He cofounded the San Diego-based Coconut Beach, which sells a line of coconut chips and drinks, and debuted the products at a natural-foods trade show in March …

[ad_1] Small business owners typically start a business because they have a specific passion or want to be their own boss. This vision is only the beginning of being an entrepreneur; the hard task is to generate a profit over time. Critical to creating a profitable operation is to set …

[ad_1] This story appears in the October 2016 issue of Entrepreneur. Subscribe » It’s as predictable as the seasons themselves: As the year moves from fall into winter, I see hot deals start to lose steam. Company founders suddenly discover that scheduling a phone call with a VC becomes hard. …

[ad_1] The Brexit vote is just behind us, and the U.S. presidential election still lies ahead. Understandably, many business owners are left wondering how these global political and economic events will affect their companies. While we can’t predict the future, we can plan for it. Small- and medium-sized businesses must prepare …