Small businesses continue to face macroeconomic uncertainty
But planning, budgeting, and forecasting can protect your business. It’s anyone’s guess when or if a recession will actually hit the US economy, but small businessowners are cautious. Many thought that by now, the economy would have seen bigger headwinds, but...
Jonathan Bill explains importance of managing cash flow on small business podcast
Jonathan Bill, owner of SBS, recently cautioned listeners on the Small Biz Flash podcast to avoid conflating profit with cash. That is a whopper of a mistake, and can easily push a small company out of business if there aren’t enough cash reserves to cover...
Monitor your Accounts Receivable with these KPIs
In our last emailer, we mentioned that key performance indicators, or KPIs, are a valuable tool for measuring the health of your business. Let’s look at two specific KPIs that can help youmonitor your Accounts Receivable (AR). It’s especially important to pay close...