The Financial Compass That CEO’s Need to Have
While chief executive officers aren’t specifically charged with managing the company’s accounting and budget, they can benefit from strong financial acumen. Having command over financial concepts can be a powerful way for CEOs and other non-financial executives to...
Implications of Coronavirus on (Small) Businesses
The coronavirus outbreak is having a wide-ranging impact on global markets and businesses. It’s not only exporters that count on trade with China and multinational manufacturers that depend on the country as a hub for their supply chains that are experiencing...
Closing the Small Business Financing Gap: Invoice Factoring Basics
The following article was written by Geri Stengel, founder of Ventureneer.com, and Contributing Author Rachel Hersch, Prestige Capital -- Even profitable businesses can have cash-flow issues. This is especially true in industries with long payment cycles, such as...
Six Simple Steps to Supercharge Your Analytics
What is your favorite analytical tool? Report templates, graphs, bar charts, weekly reports? These and other “analytical information” are nice to have but, quite frankly, are just buzz words. What is most important in analytics? The actual analysis – or interpretation...
How to Avoid a Cash Crunch
No business is exempt from the potential of a cash crunch. A low-cash situation can arise due to slow receivables, poor cash flow management, or any number of unforeseen circumstances. Your business could be impacted by either the issuing or receiving end of a payment...
How to Encourage Your Team to Take Responsibility
It can be difficult to get employees to admit when they’ve done something wrong. However, the ability to accept personal responsibility is one of the most important skills your team can have. Through shared experiences, open communication, and leading by example, you...
