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Now more than ever, it is important to monitor your business performance and set up forecasts. You may need to make some tough decisions in the months to come. You need to know on a week to week, or even day to day basis exactly where your business stands. Cashflow Forecasting One particular area of analysis: cash flow forecasting is critical in determining whether a business will make it through,…  Read more

You can run a profitable business, but unless you have cash flow under control the odds are against you. According to Dun and Bradstreet, 90 percent of small business failures are caused by poor cash flow management. Want to make sure you’re not just another statistic? Here are seven tips to set you on the course for improved cash flow. 1. Invest in a reputable online accounting package With a reputable online…  Read more