Many business owners have lamented, “I made money, but why don’t I have any money?” Let’s examine why this is, and how to fix it. Learn from financial expert, Darrell Mullis, how to manage your company’s cash flow to maximize profitability and mitigate risk.
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You don’t need financial training to know that capital is needed to start a new business or grow an existing company. In this post, we will examine debt and equity capital, two most common routes for acquiring needed cash. These are so important because many entrepreneurs and business leaders lack understanding of which option to choose and the implications of each.
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You’ve attempted to read and understand your company’s cash statement and it doesn’t quite make sense. You’re not alone, many business owners and professionals lack a clear understanding of their company’s cash statement and generally how to analyze cash flow at their firm. Here’s how you can analyze your cash statement to help improve cash flow at your company.
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If you’re like most non-financially-minded individuals, learning about finance and accounting is probably the last thing you plan to willingly do. But unless you and your team are content to remain in lower-level positions, you […]
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