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cash flow

Are You Willing to Double Your Profits?

June 16, 2011 by Drew McLellan with 80 views

Seems like a silly question, doesn’t it? Who wouldn’t want to double profits? Wanting to and being willing to do what it takes are two very different things. But I’ve found a playbook that might give you an edge. [read more]

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Cash and Liquidity Management for SMEs

December 1, 2010 by Jim Daddario with 854 views

With the global economy in a protracted funk, SMEs must take measures to ensure they have the resources to weather the crisis. To make matters more complicated, banks are still reluctant to lend to SMEs, forcing many companies to rely on their commercial cash flows for liquidity. While the depth and length of the economic crisis is... [read more]

Facing up to financial facts: 3 steps to focus your priorities

April 9, 2010 by Editor Bloggertone with 192 views

As a business woman I have a matter-of-fact approach to finance. If you want to make a profit you need to have more money coming in then going out. You need to make sure that you are not losing a significant amount of money on a large aspect of your business, and that you have a broad spread of customers to supply you with a regular... [read more]

5 Entrepreneurship Basics B-Schools Can Teach

November 10, 2009 by Tim Berry with 126 views

I’ve been asked a lot lately about business schools and entrepreneurship, which is why I did this post about one thing wrong in that area, last Friday; and then this one yesterday, on whether business schools can teach entrepreneurship. That’s become a very interesting discussion. I expect to post on it again, if only just to summarize... [read more]

#20: Here's a thought...

August 7, 2009 by BrianRoger with 144 views

An occasional series in which a review of recent posts on MyVenturePad reveals the following nuggets:Who would have thought?The other challenge with predicting technology futures is that people change in their expectations of what is helpful or desirable. If we had explained Facebook or Twitter to an ordinary person back 1997 they would... [read more]

Important Lesson

April 28, 2009 by Jeff Cornwall with 122 views

I have been preaching about the need to build strong cash reserves in small businesses ever since I first started teaching entrepreneurship. While some people have taken my words to heart, many assumed that the good times will always roll. This latter group of entrepreneurs acted as if the truism "cash is king" was a mantra for spending... [read more]

“You Are Not A Bank”

March 26, 2008 by Barry Moltz with 119 views

This is a phrase that I repeat over and over again to my clients. It is becoming especially revelant during these recessionary times. There will be more clients slow paying their bills. It is the nature of the economy. Watch out for large corporations doing this especially (because they can) This will put pressure on your [...]Link... [read more]

Credit Card Control

January 4, 2008 by Jon Paul with 37 views

Treat credit card expenses just as seriously as you would regular purchases.  While the dollars may be much less, you could save a lot of discretionary spending with little or no corporate value. <?xml:namespace prefix="o"?>  Decide if corporate credit cards are really necessary or could be cut back.  Have people put... [read more]

Bootstrapping for Income and Wealth

January 3, 2008 by Jeff Cornwall with 102 views

Before Christmas I had written a couple of posts looking at the reasons that people bootstrap their businesses. Lack of money and the desire to keep control were the first two reasons I wrote about in previous posts. Another important outcome of effective bootstrapping is that it increases the income and wealth that entrepreneurs can... [read more]

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