You’ve probably heard the phrase “cash is king,” but do you really know what it means, beyond the concept of making more of it than you spend? Many new business owners–and even some seasoned ...
Recently the Sunday Edition of the Washington Post had the following headline, "Region's Builders Rein in Visions- With Real Estate Downturn Projects Scaled Back, Scrapped." Lenders are tightening ...
If you're a business owner, you know that cash flow is the lifeblood of your business. Without a solid cash flow plan, your business can quickly run into trouble, and it can be challenging to stay ...
You might have heard that the biggest cause of business failures is cash flow issues, but to what extent is the severity of this widespread problem? To put things into perspective, more than 80% of ...
Financial forecasting gives you critical insights into your business and helps you project future sales and expenses. Let’s look at how you can create your financial projections in Microsoft Excel and ...
An investor who puts money into your business has the right to understand your company's financial potential to determine whether it is a worthy investment. The financial projections you include in a ...
I was giving a keynote address to a group of medical practice business owners when one of the people in the room came up to me after and shared about his cash flow challenges. His practice was ...