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3 Ways Small Business Owners Can Overcome Their Cash Flow Problems
It is not uncommon for small businesses to run into cash flow issues every now and then. As we detailed in our last blog, there are several signs that your small business may be having a cash flow problem. They include being unable to make timely payments to suppliers, having to borrow money to cover business expenses and finding difficulty…
3 Signs Your Small Business Has A Cash Flow Problem
As defined by the Business Development Bank of Canada (BDC), “cash flow measures how much cash a company takes in versus how much it expends. More cash coming in than going out means the cash flow is positive. If the opposite is true, the cash flow is negative. A business is considered healthy when its cash flow is positive for…
Navigating The Tricky Process Of Buying Out A Business Partner
Do you think it might be time to end your current business partnership? In our last blog, we listed a few signs that may indicate the time has come for you to go solo. They included having different visions of the company’s future, unequal contributions to the brand and constant arguing. If you’ve come to the point where you’re ready…
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