Most small businesses encounter a cash flow problem at one time or another. Fortunately, most cash flow problems can be prevented with a bit of preparation and the right strategy. This article lists the 11 most common causes of cash flow problems, along with ways to solve them. 1. Not having a cash reserve Most […]
Cash Flow Financing
Cash Flow Problems Due to Growth
Sales growth has to be managed correctly, or it can actually bring serious problems to a business. Few entrepreneurs ever consider this outcome because they believe all growth is good. But growing sales too quickly, or getting several very large orders, can create serious cash flow problems. These problems can sometimes be severe enough to […]
Selling Accounts Receivable to Finance Your Business
Companies experience cash flow problems at one point or another. These issues are common in small businesses and companies growing quickly. Cash flow problems can usually be fixed using the correct type of financing. However, getting a business loan or a line of credit remains out of reach for many small and midsize businesses. This […]
Can I Sell My Invoices to Improve My Cash Flow?
Small business owners are often challenged when a large customer requests 30 to 90 days of credit to pay an invoice. As a business owner, you want to offer credit terms because it improves your ability to sell to large clients. However, offering credit terms can also hurt your company if you don’t have financial […]
How to Collect Invoices and Avoid Overdue Accounts
The invoicing and collections process is one of the most important jobs at any company. Growing companies have to be good at getting paid for their products/services. Timely payments provide you with the cash flow to pay wages, suppliers and other important expenses. Collecting unpaid invoices doesn’t have to take a long time or be tedious. With […]