Fixed Assets: Think Before You Spend: 3 Questions to Help Evaluate Your Capital Expenditures

By |September 1st, 2017|

Fixed assets are assets such as land, buildings, and equipment that are not likely to be consumed, sold or otherwise converted into cash in the normal course of business. These are assets you don’t expect to part with any sooner than a year’s time. Another definition is an [...]

Controlling Your Cash Flow: 7 Steps to Keep Accounts Receivables Flowing Smoothly

By |August 1st, 2017|

Accounts receivable (A/R) is the amount of uncollected revenue you expect your company to receive from your customers. It represents the largest and most accessible source of non-financing cash available to most companies. How efficiently you manage A/R will go a long way to determining your company’s profitability. [...]

The Cash Crunch Conundrum: It’s the top reason businesses fold. How can you prepare?

By |July 15th, 2017|

Why do businesses fail? Maintaining cash flow is the number one reason, showing up in 82 percent of business failures, according to this infographic from The graphic pulls together information from sources such as the National Federation of Independent Businesses, the U.S. Small Business Administration, and many [...]

Celebrating America’s Independent Entrepreneurial Spirit

By |July 1st, 2017|

Happy July 4! Independence Day got me thinking again about the 2017 America’s Voice on Small Business Study by America’s Small Business Development Centers (SBDC) and The Center for Generational Kinetics. They surveyed 1,011 U.S. adults aged 21-65 back in March to conclude that America has enormous untapped [...]

In Business to Profit: New Survey Shows Gen Y Has The Right Priorities to Succeed

By |June 15th, 2017|

Have you seen the white paper Generational Views of Entrepreneurship and Small Business from America’s Small Business Development Centers (SBDC) and The Center for Generational Kinetics? It is full of interesting findings from the 2017 America’s Voice On Small Business Study, including: of millennials have a dream [...]