Tag Archives: business cash flow

Importance of Finance to Your Business | The Startup Magazine

Finance is one of the very subtle sectors of a business that can make or break entrepreneurs. Ideally, all companies need finances for daily operations. This is what makes the concept of finance very important as an area for all organizations to cover. In South Africa especially, there is an underlying need to keep a business well financed and managed, in alignment with the economic development goals of the country. Below are some of the reasons finance matters to business organizations:

Read More

How to Prevent a Cash Flow Crisis in Your Business | AllBusiness.com

Cash flow from operations is still the number-one way that U.S. small and midsize businesses finance growth. But just about every small business runs into situations where the cash just isn’t flowing. When that happens, where do you turn?

Some 37% of U.S. small and midsize businesses in the C2FO Working Capital Outlook Survey 2017 say their need for liquidity increased significantly last year compared to the previous year, while 34% say it increased slightly. All told, nearly three-fourths of small and midsize businesses in the survey have greater need of liquidity than they did in 2016.

Read More

The Michele Romanow Guide to Investor Pitches | PROFITguide.com

Business owners and founders having trouble getting the funding they need seem to be forgetting an age-old adage: Practice makes perfect.

A recent study by Intuit Canada found that 44% of Canadian entrepreneurs have been turned down by an investor. Up to 68% don’t have a cash flow statement on hand when they pitch, while 35% don’t prepare a business plan at all. One in 10 reported that, when it comes to a meeting with an important investor, they don’t prepare anything at all.

That’s a serious problem says Michele Romanow, serial entrepreneur, frequent angel investor, and the youngest of the stars of CBC’s Dragons’ Den. “Practice, practice, practice,” she intones, cautioning young business-starters against the idea that they can make things up on the fly.

Read More

6 Small Business Financial Pitfalls | AllBusiness.com

Many factors go into making a small business a success. Some factors, however, can be more challenging than others, especially when it involves financial management. Whether it’s securing equity capital, borrowing money, separating personal finances from business finances, or managing cash flow, there are a number of “potential landmines” that many small business owners are not adequately prepared to handle. Following are six financial pitfalls for small businesses to avoid and important tips to consider when dealing with business finances:

Read More.