by Debra Vladic | May 8, 2022 | Finance, Uncategorized
Although a pandemic can cause a contraction in the economy, once the pandemic ends, the economy can rebound. The lockdowns can lead to a ripple effect that brings spending in many markets to a standstill. This is especially true for travel, tourism, and other...
by Debra Vladic | Apr 8, 2022 | Finance, Uncategorized
People often turn to friends and family for help when they have a cash flow problem. Out of those who have had this kind of arrangement, 37% said that they lost money, whereas 21% said that it ruined their relationship. It is important to have a plan to prevent this...
by Debra Vladic | Mar 8, 2022 | Finance, Uncategorized
You may have heard people say that cash flow is critical to business, and they are absolutely correct. The important thing is to understand cash flow and learn how to manage it. The second biggest cause of the failure of startups is poor management of cash flow, so...
by Debra Vladic | Feb 8, 2022 | Finance, Uncategorized
Establishing your initial business credit is an important step to gaining access to resources that you may need to run your business. It can give you cash flow and help you buy goods, pay your employees, or take care of your bills. When a business doesn’t have access...
by Debra Vladic | Jan 5, 2022 | Finance
Most businesses don’t spend very much time on their accounts payable until there is an issue. However, when you optimize this department, you can find ways to save on bulk purchases and other supplier agreements. You also gain control over your cash flow, and this...
by Debra Vladic | Dec 5, 2021 | Finance
Accounting in any business, let alone small businesses, is one of the most important aspects. That doesn’t mean simply keeping the books for tax purposes. It means identifying waste, theft, and fraud while saving money. So, for a small business, it is important to...
