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Run & Grow

The 5 Phases of Cash Flow

Getting to "profitable" takes longer than you think. First, you have to suffer a little pain

Something that we find true for almost all the businesses we work with is that it costs their owners twice as much and takes twice as long as they'd envisioned to make those businessses profitable.Proof lies with the business plans we look at when ...

by Doug and Polly White  | December 03, 2016 12:00:00
Run & Grow

Financial Adviser: 5 most common ways of misappropriating cash (and how to prevent them)

Be aware of possible fraud that can happen in your company

 Question: I have a business which is in partnership with my best friend. I handle all the sales while my friend handles the finance part. The business has been doing well but I don’t understand why it is always short of cash ...

by Henry Ong  | August 16, 2016 05:00:00
Run & Grow

Cash management tricks to save your business from risks

Keep those receipts and keep your hands off your company’s money

Pop quiz: Do you keep your personal money separate from your business? Do you keep receipts when you meet a client over a meal? Do you keep a careful record of all your numbers?If you say no to all three questions, then ...

by Mari-An C. Santos  | August 11, 2016 07:00:00
Startup Tips

5 ways to improve your cashflow

There are ways to manage your bank account.

Cashflow is the lifeblood of any business—the cash that goes in and out of your company determines your financial position. In particular, managing how your cash flows in and out of your bank account depends on how you balance the timing of ...

by Entrepreneur Staff  | November 24, 2011 08:00:00
Business Ideas

8 ways to get paid on time

You are losing money for every delinquent payer

Getting your clients to pay on time is a challenge that a lot of entrepreneurs experience when running a business. Sometimes the check bounces, or the client is nowhere to be found, or something happens during collection listed down 8 ways ...

by Entrepreneur Staff  | October 28, 2011 02:00:00
Startup Tips

3 easy ways to keep cash flowing into your business

Are you having difficulty handling your finances?

Even with the introduction of other payment methods, cash is still king, more so aspiring entrepreneurs working hard to take their business off the ground. Don't forget that cash management is a vital aspect of managing your own business.The main benefit of ...

by Entrepreneur Staff  | September 08, 2011 02:00:00
Startup Tips

How do you deal with a tight cashflow?

Our expert, Henry Ong, tells us how

Q: My current cash flow is tight, and my business, a small neighborhood restaurant, does not have enough money to pay all its creditors. Please help me decide which ones to pay first.A: When you are in a situation where business is ...

by Henry Ong  | August 05, 2011 11:00:00