YoungUpstarts
APRIL 16, 2020
Once you have achieved a calm headspace, take a survey of your cash position: How much cash is left? If you answered “no” to #2, you need to scramble to get cash in time for #3. The fast options to get business cash are: Collecting from customers. Owner cash infusion or loan. Old aging inventory.
Up and Running
JULY 27, 2020
Why is cash flow management important? Businesses operate on cash. By cash, I don’t really mean physical coins and bills, but money in your bank account that you are able to spend. Having a cash flow management system in place is a critical part of building a successful business. How to manage cash flow.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Up and Running
JUNE 9, 2020
Cash flow problems can even occur when your business looks profitable. But keep in mind that cash and profits aren’t the same things. Until your customers pay their invoices, you can’t pay your bills. To avoid cash flow problems , when you submit a project proposal or contract, set clear payment terms in writing.
YoungUpstarts
OCTOBER 16, 2016
In business, growth is a big deal, especially when you think about this: Most businesses cease operations and shutter their doors before ever really hitting their stride. But by year 10, just one-third remain in operation. Manage cash flow. At my company, our cash position is reviewed every week, come rain or shine.
Feld Thoughts
NOVEMBER 18, 2013
Early customer development talks are going great which keeps the team really excited. Soundbites from potential customers are encouraging. This is all a part of the normal product and customer development process,” the CEO tells the team. Investors are dismayed that there are no real customers yet.
Up and Running
JUNE 21, 2013
There are a series of “levers” in your business that will affect your cash position. Your business is “always on”, even if you only operate between 9 am and 5 pm, Monday through Friday. Be the first to know when a customer gives you a bad review, or someone raves about your business online.
Up and Running
APRIL 6, 2020
It doesn’t matter if times are good or bad, cash is always the lifeblood of any business. You need cash in the bank to operate, to pay employees, and to keep the doors open. If you’re out of cash, you’re out of business. In times of crisis and uncertainty, understanding your cash position is even more important.
Expert insights. Personalized for you.
200 
Let's personalize your content