Do you Feel the Pinch? You��re not alone. Here��s why

Working capital is measured based on efficiency of a business and its short term financial position. Every month, business owners need to meet current liabilities or short-term debts such as payment to vendors, suppliers, payroll, accounts payable or bills in order to stay afloat. To efficiently manage expenses, working capital should never keep declining over a long period of time.Read more

How Small Business Owners Can Bridge the Working Capital Gap

Working capital is a tricky thing to manage and not to mention, boring, too. The definition itself is an equation of business terms current assets minus current liabilities which requires even more definitions. Currents assets are the resources that can be converted into cash within a year, while current liabilities are your company��s debt obligations that need to be repaid in a year. Basically, something that affects all companies, big or small, in any industry in any part of the world.Read more

Control Your Cash Flow, Control Your Business

Cash flow is the lifeline for any growing business and maintaining positive cash flow is essential to keep operations running smoothly. Negative cash flow usually comes from one of two places: not enough working capital and slow receivable collections. These things lead to great stressors on any business, like settling outstanding debts, paying salaries, purchasing equipment, or, worst of all, keeping the company��s doors open.Read more

Small Business is Big Business in Many Parts of the U.S. - Here��s Why

Small businesses are considered the backbone of the United States, and micro businesses being the subset of the small business community, contribute the same. In addition to providing global economic stability, small businesses are creating jobs while keeping the economy moving in the smaller geographic locations. As per the U.S. Small Business Administration, small businesses make up for 99.7 percent of U.S. employer firms.Read more

How to Leverage Your Own Money for Your Small Business Growth

Many entrepreneurs prefer to use their personal funds instead of obtaining traditional loans. Traditional loans can be difficult to obtain, include a tiresome process, and come with an interest rate. If you have sufficient funds, choosing to use personal funds in your savings, retirement accounts, or equity in properties is a better option. Over 50% of small business start-ups are started with personal funds. Here are few options on how you can leverage your own money and grow your business.Read more