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Where’s My Cash?

Cash flow

“The income statement that my accountant gave me says that I am making a nice profit, but I never seem to be able to have enough cash.”  Does this sound familiar?

If this concerns you in your business, you are not alone. Here are some common issues that may affect the cash flow of a business:

  1. Invoices are not billed timely and promptly because supporting information has not been processed timely.


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Want More Recurring Revenue in Your Business?

Word Scrabble For The Word Revenue

Recurring revenue should be the mantra of every business, large and small.  Dollars that come in every month without fail are what keeps a company going through difficult times. Big orders are great and you always want them, but a solid recurring revenue strategy is what sustains companies over the long haul.…

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6 Classic Ways to Crash Your Company (from Inc.com)

Totaled Car In Crash On The Roadside

There are many different ways to unknowingly hurt or sabotage you company. Following is an excerpt of an article by Kimberly Weisul from Inc.com (read the entire article).

Every fast-growth company eventually runs into at least one of these all-too-common obstacles. How you handle them can make the difference between success and high-speed smashup.



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Working Capital: The Good, The Bad, and The Ugly

Boy Dressed As Blondie

Working capital is the excess of current assets over current liabilities and is a financial measure of liquidity or ability of a business to meet its obligations.  Current assets include cash, accounts receivable, inventory and other assets that are expected to be converted to cash within 12 months. Current liabilities include accounts payable and accrued expenses for salaries, taxes, interest as well as loan payments and other liabilities due within 12 months. …

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Seven Principles for Avoiding Bankruptcy

Bankruptcy Written On Chalkboard

Today, companies continue to face difficult times and, sometimes, difficult decisions. According to the American Bankruptcy Institute, more than 208,000 companies filed for bankruptcy between 2006 and 2010. The annual rate of bankruptcies nearly tripled during this time.   This number does not include businesses that have closed/ceased to exist or continue in business with some form of financial discomfort.…

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