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Cash is King

By |2015-11-23T14:48:15-05:00November 23rd, 2015|Categories: Business Wise, Uncategorized|Tags: , , , |

“Cash is King” is an expression that is widely used in analyzing businesses. Why is it something that you, as a business owner, need to manage? Well, without cash you could not do the things required to stay in business, for example, purchase inventory or pay your employees. A lot of business owners only concentrate on [...]

Americans Continue to Face Saving Challenges, Survey Finds

By |2017-05-09T22:13:04-04:00March 25th, 2014|Categories: Personal Planning, Uncategorized|Tags: , , |

According to a survey released last month by America Saves and the American Savings Education Council (ASEC), just 35% of Americans feel they are making good or excellent progress in saving money. Nearly two-thirds (63%) say they're making fair or no progress. However, nearly 7 out of 10 (68%) say they are spending less than they [...]

Maximizing Business Cash Flow

By |2017-08-30T14:48:40-04:00June 21st, 2012|Categories: Business Wise, Uncategorized|Tags: , , , , , , , , , , , , , , , , , |

What is maximizing business cash flow? In the beginning stages of a business, cash is often the most important factor for ensuring success. It is vital, therefore, for businesses to predict and control cash properly. Most businesses begin to manage cash by constructing cash flow statements and other forecasting tools. Cash flow is a measurement of [...]