Businesses run smoothly when there is a healthy cash flow. Quite often, small businesses are crippled by inadequate cash flows. As a result, entrepreneurs, who start with great ideas, find it difficult to run day-to-day operations efficiently and eventually fail to progress in their ventures.Read more
The future value of your business is determined by the long-term investments you make today. Businesses with good financial health manage their business capital efficiently and maintain a good balance between company growth, its profitability, and liquidity. Cash flow is the life line for small businesses and can mean the diference between success or closure for a company. Tighter control of your business capital is critical especially for SMEs.Read more
At times running a small business can be a rollercoaster ride in terms of managing finances. Setting up and handling a small business, from real estate services like home building to interior design, requires more than adequate finances. What is the best way to ensure that you are in total control of your money while running a small business? What if you can simply borrow from yourself? “Borrowing from myself,” can sound like an absurd idea.Read more
Cash flow refers to the net amount of cash or cash equivalents that flow in and out of a business. Cash flow can be either positive or negative. If the incoming cash is greater than the outgoing amount then you are experiencing positive cash flow.Read more
Banking refers to managing cash, credit, and other financial transaction of individuals and enterprises. The process involves accepting deposits and then lending the same to earn profits. Customers can deposit extra cash in the savings account and withdraw funds when needed. Also, they will be paid interests for the deposit, which improves cash flow.Read more
A commercial prepaid card is a flexible card solution for small businesses to cut-costs and efficiently manages employee expenses by presetting the spending limits. It is a secure alternative to paper pay checks and allows managing finance in one place.
Check cashing is an alternative financial solution to traditional banking. The process simplifies all your check cashing needs some of which includes payroll, the government issued benefits checks, money orders, bank drafts and tax refunds in a very less time. No minimum balance or monthly fees, low-income customers find check cashing businessRead more