by Lea Strickland | Aug 24, 2016 | Budgets and Financial Tools, Business Articles, Business Growth, Business Ownership, Cash Management, Execution, Leadership, Operations, Resources, Small Business
Internal Controls and Financial Oversight When it comes to growing your business, you can’t afford to not understand the financial perspective of their business. Whether it is the day-to-day performance, budgets, taxes, or other aspects of accounting for your...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Cash Management, Entrepreneur, Non-Profit, Small Business, Small Business, Start-up
What do I do about customers who consistently pay late? Why does it seem that the money flows out faster than it flows in? These are significant questions for every business. Managing the cash flow is critical to a business’s viability. The cash flow equation...
by Lea Strickland | Jul 31, 2014 | Budgets and Financial Tools, Business Articles, Business Growth, Business Management, Cash Management, Entrepreneur, Perspectives, Small Business, Start-up
Becoming a profitable business is an objective that most companies seek, both as a stated goal and as a day-to-day objective. Businesses of all sizes and types, industries, and stages all look forward to profitability. However, as the old saying goes, the two...
by Lea Strickland | Jul 30, 2014 | Business Articles, Business Growth, Cash Management, Small Business, Start-up
A business survives on cash. Making sales may be the objective, but if you don’t collect the cash from a sale in the appropriate amount of time, then making a sale is not enough. A sale needs to be profitable, and that includes a factor for contributing to a...
by Lea Strickland | Jul 30, 2014 | Business Articles, Business Growth, Cash Management, Perspectives, Small Business, Start-up
Every day it seems we hear about the Enron, Worldcom, ImClone and other “big business” ethical violations. There is no denying the significant impact on millions of people and the financial markets. However, there is a business practice that I’ve...
by Lea Strickland | Jul 30, 2014 | Business Articles, Business Growth, Cash Management, Execution, Small Business, Start-up
One of the biggest mistakes new businesses make involves marketing and advertising the business. They either do too much, too little, the wrong type, or stop too soon when results are being seen or when cash gets tight. The adage “You have to spend money to make...