Tag: Small Business Finances

Cashflow is essential to small business. But what do you do when the bank turns you down? Forget the bank – why not just lend yourself the money?

Cashflow is the lifeblood of your business, and managing it well will ensure your business’ vital signs are stable. Here are some ways that you can pump life back into your business and take care of your cashflow.

Cashflow finance speeds up cashflow during times of growth, business acquisitions or seasonal sales cycles to help a business reach its full potential. Here’s how to decide if it’s right for your business.

Looking for smart ways to trim spending at your business? Here’s advice on how to get started.

Having your business annual financial reports completed can be met with the same level of enthusiasm as a visit to the dentist. But there are number of very good reasons, beyond preparing a tax return, as to why business owners need to keep on top of their reporting.

Running your own business is enormously rewarding but it’s also hard work. Not only do you have to be your own accounts department, you’re also the sales team, human resources manager and paymaster. The good news is that expert financial advice is closer than you think, and it comes in the form of your local business banker.

What you see on the surface is not always what you get, especially when it comes to other businesses. Here’s why doing your due diligence is an important step in a business relationship.

How do you spur yourself on in your business? Do you set bold goals, targets or forecasting? Or are you simply winging it? By setting annual, monthly and weekly revenue and profit targets you might be surprised by how quickly you can improve your financial mindset.