It’s time to do a midyear review of your business tax planning. Here are five ideas to consider. (more…)
Posts Tagged ‘cash flow’
Financial Ratio Analysis – Going Beyond the Financial Statements
Financial Ratio Analysis – Power Point Presentation
We are excited to be offering our clients a way to review their business finances beyond their normal financial statements. With our newest business consulting and advisory service, Financial Ratio Analysis, we can empower our clients to make better business decisions by helping them review their business performance and suggesting ways they can improve key areas of their business. (more…)
How To Work With Vendors When Cash Is Tight
For many small businesses, maintaining adequate cash flow can seem almost impossible. Customers are tightening their belts, lending institutions are rethinking their credit terms, and suppliers are struggling to maintain their own vendor relationships. In today’s economy, many business owners have seen their personal net worth plummet and some are facing bankruptcy. (more…)
Putting Together A Pricing Strategy
For many small businesses pricing products and services is more a matter of guesswork than logic. Mindful of competitor pricing, they make the mistake of simply undercutting to win business rather than carefully working out the price they need to charge – a price that not only covers the cost of doing business, but makes all the hard work worthwhile by returning a reasonable profit. (more…)
Two Financing Options for your Business: Equity and Debt
Start-up businesses and long-established firms share common ground in at least one respect: the need for financing. Managers of fledgling companies often debate the best way to obtain funds for buying inventory, heavy equipment, and buildings for making widgets. (more…)
Our Top 10 Cash Flow Tips
1. Know your business’ balance sheet thoroughly. This may sound obvious, but, as your accountant can confirm, many business people don’t know how cash flow works and its significance to keeping their operation afloat. (more…)
Being Smart About Loans
Most businesses operate to some extent on borrowed money, but borrowing too much means you’re paying more in interest than you need to. Borrowing too little means you’re under financed and won’t have enough capital to accomplish what you want to do. (more…)
Analyzing Your Company’s Performance Using Financial Ratios
Financial ratios can be helpful tools in understanding a company’s financial health. They are a benchmark by which you can compare your business to industry standards and analyze changes over time. (more…)
Alternative Finance Products – Can They Help You?
With the amount of available credit shrinking in recent times and financial institutions raising lending standards, more businesses are turning to alternative forms of finance to cover cash flow shortages and grow their businesses. Asset-based lending, factoring, invoice discounting, and merchant cash advances are a few alternative forms of finance that are becoming more popular. Although these forms of funding can help companies make it through tough times, business owners and managers need to be aware of their shortcomings.
