Every small business needs an easy to use and reliable accounting software that tracks the company’s finances accurately. Entrepreneurs cannot afford to spend a great
Every business owner needs to monitor his company’s cash flow very closely. In large organizations, this task is usually delegated to the CFO. Even if
Getting your loan application approved by a bank is not easy. After the great financial crisis of 2008, banks have tightened their credit norms and
A successful business often tends to add costs indiscriminately. Business owners get blinded by the fact that their company is rapidly growing its revenues while
An established business that is planning to grow its volumes invariably requires cash to finance its expansion. Given the fact that there are hardly any
Every small business prepares a budget on an annual basis. For some companies, this exercise provides a dynamic and powerful tool to monitor financial and
Designing a compensation plan for your employees can be a challenging task. The amount that you pay your staff should be close to the market rate.
The small business financing landscape is one that changes continuously. Business owners are thrown curve balls especially as they gear up to expand their small
Just about every small business that extends credit to its customers has to create and implement internal credit procedures. The extent to which a small
As a business leader, when we talk about building an extraordinary business, we are talking about more than “doing the right thing,” but rather a
Preparing for Changes in the Small Business Marketplace Tim McLellan, CPA and partner at B2Bcfo.com recently posted a newsletter that talks about the changes that
by Tim McLellan, CPA – Partner B2B CFO ® We’re wrapping up the Summer of 2010, and that means one thing. You should now begin
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