Cash flow is a growing concern among small businesses struggling to survive through a challenging economy. And because such times are purely dependent on proper cashflow management than profit generation, you want to try as much to improve the flow of money in your business. Below are some tips to monitor the inflow and outflow of your business:     Use Invoice Factoring Instead of Taking Out a Loan Try invoice factoring instead of seeking bank loans. Invoice financing is acquiring finances in exchange for your pending invoices. This is an excellent way to get access to the working capital […]

Anyone who has ventured into the great adventure of entrepreneurship can testify that funds can be incredibly tight, especially at the beginning stages of your business. Regardless of whether you have solid angel investors supporting you or are just bootstrapping it, you need to ensure that the management of your company’s finances are without equal.  If you have not trained yourself to carefully scrutinize expenses and have not prepared for unexpected costs, be sure that your company will not survive.  What Is Cash Flow Management? When you hear about cash flow management, what comes to mind? It’s essentially about taking […]