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...
by Lea Strickland | Jul 30, 2014 | Business Articles, Business Growth, Cash Management, Small Business, Start-up
It doesn’t matter what your prospects are one year from now or a month from now, if you can’t pay your employees and vendors today. Cash flow determines whether you are in business or closing your doors. So understanding your cash flow cycle – the amount of time it...