For those businesses that are ready to take the next step, they often quickly realize they need more capital. Traditionally, they would do that by getting a business loan. But how do you obtain a loan in today’s marketplace? Borrowing money is one of the most common sources of funding for a small business, but […]
At the Small Business Development Center at the University of North Florida we believe that cash flow is the lifeblood of any business. A small business that does not know it’s cash position and can’t manage what cash they have is certainly doomed. Many small businesses in North Florida were caught in a poor cash […]
Nice article in yesterdays Tulsa World talking about how important the cash flow statement is to bankers who are reviewing small business loan applicants and their business plans. When we are reviewing business plans and coaching a client who will be presenting their plan to a bank for consideration, we make sure the client understands […]
Jay Goltz is a frequent contributor to the New York Times small business section. He runs three businesses in Chicago. In this article, he encourages small business owners to pause for a little self examination in mid 2009, and urges coming out for the second half of the year with an aggressive attitude. This is […]
Here is some great advice courtesy of Alan Huerth of Presser, Lahnen & Edelman, CPA’s: Article: It’s a Juggling Act Cash flow is the movement of money in and out of your business. It could be described as the process in which your business uses cash to generate goods or services for the sale to […]
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