If you have low cash flow, you may have considered a few alternatives such as getting a loan or increasing your sales. You may even have tried doing these things, but realized that the results were short-lived. Here’s why these alternatives may not be the best solution for your situation.

As a CPA, I understood the importance of cash flow, but it wasn’t until I heard this quote that I had the epiphany that a company’s cash flow could determine if it stays in business or not. What I have also discovered over the years is that the biggest challenge that ...

We are now in the second half of the year and in order to achieve our business goals, strategic business planning becomes extremely important. As business owners, we are buried in the day-to-day business routine that we often fail to stop and take a holistic or bird’s eye view of our business.

Running a business can be more rewarding and less stressful if you understand your financial situation and how you can improve. It will also help to be aware of the various performance indicators and how they affect your bottom-line. Weak margins, cash leakages ...

In writing this article, my number one goal is to help you to navigate the systems and processes in your business so you can maximize their profits. There are seven key components of a profitable business and by understanding each one and making the necessary adjustments ...