Cash Flow

Time and money. Both are scarce resources. Money depletes quickly. Time depletes, comparatively, more slowly. Before you spend your money, spend your time. Determine if your time is resulting in...

In a few rare moments of downtime, I was flipping through TV channels when I happened on Suze Orman. I paused to watch a bit, and her words were profound....

I am sure you are familiar with the terms for your business’s financial reports including the Profit & Loss Statement (also known as the Income Statement), the Balance Sheet and...

The later the phone call, the worse the news. And for me, those calls usually happen around 10 p.m. at night. My office phone rings and I know who and...

It’s inevitable. We all have to raise prices at some point in order to stay solvent. It’s also inevitable that we’re going to agonize over the decision, worrying about what...

A jewelry store at a busy cruise ship port had a store full of items, one of which wasn’t selling, despite its relatively modest price of $25.  Frustrated and worried...

I know that advice is free and plentiful, but not all of it’s worth taking.  Particularly when it comes to finances, it’s best to take advice from people who’ve successfully...

Metrics are a powerful tool for measuring progress, evaluating decisions, and when done right, are an early warning system for problems. There is one problem though. . . too many...

You land a big new project and need expertise and staff that you don’t currently have. No small business can afford an army of employees just sitting around waiting for...

When most people want to know how they’re doing financially, they look at their bank balance and see what’s there.  Bank balance accounting – although wildly popular – is a...