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Defy the Law of Gravity: Prepare Your Company for the Coming Recession
While the pace of the economic recovery since the 2008 has been subject to much debate, the fact is that the United States has clearly been on a growth trajectory for the last six years. Unemployment...
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Here’s How to Tell If You’re Using Your Loan for a Good Investment
“But, isn’t it a really bad idea to go into debt for your business?” Sound familiar? It’s a line every entrepreneur has heard at one point or another from a well-meaning friend, a nosy relative, or...
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9 Tips for Businesses New to Accepting Credit Cards
When you are part of a small offline company, only accepting cash can seem like a safe bet. But it’s not the smartest way to grow a business. That’s why we asked nine members of Young Entrepreneur...
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Perfect Your Business Processes to Protect Your Cash Flow
Often, what looks good on paper doesn’t really work the same way when you put it into practice in real life. So how do you ensure that your plans will work? Do you just guess at it and hope for the...
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How to Keep Your Sales Funnel Full
To achieve a sustainable business, you must have a steady stream of customers coming in. A well-defined business development process will keep those potential customers falling into your sales funnel...
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Revive Your Business Cash Flow With Accounts-Receivable Financing
By Jeff Bell Good business and good cash flow are not necessarily the same thing. Just ask any business owner with payroll and operating expenses, who regularly loses sleep wondering if customer...
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10 Things Entrepreneurs Should Know Before Starting a Business
If you want to be an entrepreneur, there are a few things you should know before starting a business – actually, there are at least 10 of them. Knowing what they are, and how to implement them, will go...
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5 Tips That Will Put ‘Reverse English’ on Your Cash Flow
Reverse English, for those of you who managed to avoid a misspent youth in the neighborhood pool hall, is a shooting technique that imparts a spin to the cue ball, causing it to return to its original...
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How To Resolve Past Due Accounts Without Losing the Client
Even the best of customers can sometimes fall behind on their bills, but with the right blend of firm and friendly you can have your cake and eat it too: keeping the customer and still getting the...
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Cash Flow vs. Profit: If One Is Lacking, What Can You Do?
By Keith Tully Cash is the lifeblood of any business, and without it, your ability to pay bills as they fall due is compromised. But whether cash flow or profit is more important depends on the...
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Protect Your Business From Deadbeats With a Well-Designed Credit Application
By Dean Kaplan If you provide goods or services to your customers on credit, you are lending money like a bank. Banks, however, do not loan money without first evaluating a potential customer’s credit...
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6 Strategies to Get Your Clients to Pay on Time
Following up with clients on invoicing can be a sticky situation to deal with, especially when their payments are long overdue. That’s why we asked six entrepreneurs from FounderSociety (FS) the...
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5 Ways to Plug a Short-Term Hole in Your Cash Flow
As a business owner, you may have experienced cash flow problems where your expenses outweighed your incoming revenue. This can stifle business growth by preventing you from fulfilling new customer...
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The Ultimate Guide to Forecasting and Managing Your Cash Flow
By Carl Faulds Maintaining a positive cash flow is essential to every business, but particularly for SMEs, that may have less access to large and affordable overdrafts. Forecasting is the tool that...
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The Value of Receivables Management for Small Businesses
In today’s small business economy, late payments are increasingly becoming every business owner’s greatest foe. Small businesses operate on tight budgets, so a few missing payments can really disrupt...
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5 Ways Scrappy Startups Can Skirt Extra Costs
When business owners are just getting their startups off the ground, it makes sense to cut costs whenever possible—and maximize the benefits of existing paid services to glean their optimum impact on...
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