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…
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…
In our last blog, we revisited the topic of cash flow and listed some methods that can help your company’s cash flow situation. They included forecasting your future income and expenses, speeding up how quickly you get paid and eliminating…
To run a successful business, you need to be making more money than you’re spending. Tell you something you don’t know, right? The simple concept of generating profit isn’t so simple when put into practice. It’s all about having a…
Have you ever heard of a company’s cash flow being referred to as its “lifeblood”? That’s because it ensures that all bills are paid, employees are compensated and business growth is possible. As explained by the Business Development Bank of…
How much money do you invest into your business on a monthly basis? How much money does your business generate each month? The difference between the two answers to those questions will determine how good you are at cash flow…
Restaurateurs know that running a successful restaurant isn’t just about serving delicious food. It is also about managing finances effectively to ensure a healthy cash flow. Whether you're a new restaurateur or a seasoned pro, increasing cash flow is a…
Maintaining healthy cash flow is the lifeblood of any successful business. It ensures that you have the resources to cover your expenses, invest in growth and weather financial storms. While conventional methods like budgeting and reducing expenses are essential, there…
“Cash flow” is most easily defined as the movement of money in and out of a company. At the end of the day, it’s obviously imperative that you make more money than you spend. Therefore, “cash flow” can also be…
The new year is only ten days old. There is still plenty of time for you to enact the New Year’s Resolutions you’ve made for your business. In our last blog, we offered up a few lucrative ideas. They included…