cash flow
Your Business Shouldn't Be Your Retirement Plan
All too often, business owners lack knowledge of the true value of their business. Moreover, many may not truly understand the cost to maintain their lifestyles. These oversights, combined with the intent to rely on the eventual sale of their business for retirement, could be financially devastating. To avoid jeopardizing retirement plans and goals, business owners should survey the current, true value of their businesses, as well as learn about the factors that influence value, such as free cash flow, business life cycle, and market conditions unique to their offering. Similar Article. Full Article.
Managing Multiple Businesses - Four serial entrepreneurs offer hard-won advice
Having one successful company makes it easier to start a second one, but it's also a risky venture that—if not done correctly—could jeopardize not only the new company but the established one as well. There are times when it makes sense for a small business owner to open multiple companies. Moving into a related area with a separate business can increase revenue and perhaps stabilize overall cash flow when one company hits a rough patch. Full Article.
Limiting Credit Can Increase Business Cash Flow
Consistent cash flow is critical to starting and maintaining a business, but often there are additional ways to increase cash flow without acquiring more customers or sales. Full Article.
