Accounting and Budgeting : Tags : cash : Small Business Online Community

Accounting and Budgeting

5 Posts tagged with the cash tag

When Cash is King: 4 must know cash flow strategies

Within Accounting and Budgeting

Posted by: SBOC Team, Jun 20, 2011

The U.S. economy is on a slow but steady trajectory to recovery. Companies of all sizes are gearing up for growth as increases in spending and other economic indicators underscore a renewed optimism among consumers. Among small businesses, confidence is at a three year high, according to data from Intuit Inc., The National Federation of Independent Business and others. So as a small business owner are you still waiting to feel better? While the Great Recession may be fading, its legacy...

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Tags: small_business, cash, business_finances, cash_flow_control, cash_flow, cash_management, working_capital, payment_cycle, capital_strategy

Small business payment options: Smarter ways to get paid

Within Accounting and Budgeting

Posted by: SBOC Team, May 23, 2011

Small businesses have gone through quite an evolution when it comes to payment methods they accept. Gone is the cash-only small business. Even sandwich trucks and garment district clothing outlets have embraced the electronic age. Point-of-sale retail locations are increasingly moving toward the latest technologies that allow credit card readers to be plugged into smart phones. And, if you’re doing business on the Internet, online payments and shopping cart services have become de rigeur....

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Tags: small_business, finances, accounting, cash, payment, record_keeping, business_finances, payroll, cash_flow_management, invoicing, payment_options, paying_bills, bills, cash_flow

Paper or Plastic

Within Accounting and Budgeting

Posted by: SBOCTeam-KhWmv, Oct 22, 2009

When should your small business choose cash versus credit? by Reed Richardson The statistics staring at budding entrepreneurs are ugly-nearly two out of three new businesses won't survive past six years. A lack of a rigorous business plan, insufficient marketing, and poor product quality can, among numerous other problems, contribute to this sobering reality, but foremost among the reasons for early failure is a rather mundane and oft overlooked difficulty-poor cash flow management....

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Tags: cash, payment, credit_card, banks, transactions, debit_card

Cash Flow and Accounting

Within Accounting and Budgeting

Posted by: SBOCTeam-KhWmv, Nov 6, 2008

by MOBI.1 Cash fuel drives you in business just as jet fuel keeps a plane aloft. A pilot is very careful to accurately predict the fuel requirements. You should place the same importance on cash flow control because if, at any point in the future, you run out of fuel, like the pilot, you've got a BIG problem. Cash flow control is a simple method of projecting your future needs for cash. It is an income statement covering future periods of time that has been changed to show only cash: cash...

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Tags: finances, accounting, business, cash, record_keeping, business_finances, expenses, cash_flow_management, preserve_liquidity, cash_flow_control

Cash is King

Within Accounting and Budgeting

Posted by: SBOCTeam-KhWmv, Jul 29, 2007

Even successful small company can find itself in a cash crunch. Here’s how to keep the money flowing By Mike Robbins You’ve done the work, but when will you get the reward? If you don’t quickly collect the money your company is owed, you’re providing interest-free loans to your clients—and robbing your firm of the cash it needs to flourish. Unfortunately, collecting that cash isn’t always as easy as it should be. A 2006 VISA survey found that receiving and collecting payments is the cash...

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