Knowledge Base
March
12

Collecting Past Due Accounts

Posted by: Category: Finance
Collecting Past Due Accounts What do you gain by winning a lottery sized settlement with a bankrupt company?  This is your cash flow situation when you allow your accounts receivable to grow Getting the sale is wonderful, but collecting payment is the key to positive cash flow  Follow your credit policy with all clients Don't assume that because your contact is a nice person that you'll get paid Your contact may not control the purse strings of the company  Any ...
March
12

What Is Cash Flow?

Posted by: Category: Finance
What Is Cash Flow? Cash flow simply means the money that comes into and leaves a business or household Money flows into a business in the form of revenues and out through the form of expenses Money flows into a household in many forms Are you receiving money from a structured settlement or lottery? Those are incoming cash flows Do you owe money to anyone? Those are outgoing cash flowsWhile owner financing can trace its roots much further back into ...
March
12
Small Business Credit Cards: Make Your Accountant Obsolete Small business credit cards can play an important role in the success of many enterprises and small businesses Yet currently most folks view of small business credit cards is extremely limited Mostly they only think of them as tools to aid them in obtaining certain incentives for small businesses that credit cards have become famous for giving Problems That A Small Business Credit Card Can Solve The more significant potential role that small business ...
March
12

More than Just Money: Barter

Posted by: Category: Finance
More than Just Money: Barter By definition, barter is the when parties swap services or resources But in business terms, itÂ’s an exchange that ends usually with everyone a winner All parties involved in bartering hold onto their cold hard cash and donÂ’t lose a cent ThereÂ’s no worries about getting ripped off as a buyer or seller, so itÂ’s an exchange thatÂ’s high on trust, low on tension And finally, the government doesnÂ’t get its hands on any of ...
March
12
Factoring Can Be An Ideal Solution For Start-Up And/Or Growing Businesses Factoring is one of the oldest methods of business financing in existence The history of factoring dates back to the days of moneylenders in the middle ages Factoring has been the working capital facility of choice in Europe for centuries It has taken on a new life in recent years as a financing method for many businesses in the United States Factoring is the sale of accounts receivable, as ...
March
12
Work At Home Moms - Save Money This Holiday Season As the holidays approach, many work at home moms begin feeling a sense of dread -- * How will we afford gifts? * Will I start the new year even further in debt? Saving money is the same as making money, in my opinion Either way, you'll have more money in your bank account Here are a few ideas to help you save money this holiday season as well as ...
March
12
What Makes A Business Worth Investing In? You have always been interested in investing in a business, however you always hold back because you are scared of making a bad choice and losing your investment However, there are some ways to evaluate businesses to reduce the risk you are taking when you invest Of course, risk is never eliminated, but when you properly evaluate what makes a business worth investing in then you will more than likely have your answer ...
March
12

Protecting Your Assets

Posted by: Category: Finance
Protecting Your Assets Have you ever wondered what would happen to your assets if you were sued, in a car accident and it was your fault or if you became disabled or even died? Most people consider this question but do very little about taking the necessary steps to protect their assets The first thing to do is to have a plan in place before anything bad happens to you Even if you are one of the luck ones and ...
March
11
What About The Risk In Buying Iraqi Dinars Is it a risky business, buying dinars? Of course there is some risk involved Normally, the higher the gains, the more risk But in this case hmmm, difficult to say Let me just give you some scenario's to get you started and make up your own mind You don't let me tell you what to think, isn't it? I only want to help you on the way, you fill in the rest with ...
March
11
10 Easy Ways To Organize Your Business Finances Whether you are a new entrepreneur or a more experienced business owner, taking control of your finances can feel like a part-time job Some simple tips can help you streamline your time, organize your finances and reduce the stress of business money matters 1 Keep Your Bills in One Place When the mail comes, make sure it goes in one place Misplaced bills can be the cause of unwanted late fees and can ...
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