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Jun14

How to use financial statements to improve cash flow

In business, as in most endeavors, passion is a key ingredient to success. Entrepreneurs who genuinely enjoy sales, operations, and customer service are much more likely to build profitable firms than individuals who are simply “going through the motions” of business in the name of making money. But even the most enthusiastic managers will enjoy much greater success if their passion is governed by sound financial discipline, which stems from an understanding of their financial statements. [More]

Mar14

CFO Corner: Sensitivity analyses for working capital

Bob Pinkerton, CFO of contact center solutions provider Alpine Access of Denver, discusses streamlining the deal-review process and running sensitivities around working capital for cash flow forecasts. [More]

Dec28

Slow payments hit some construction firms - Sageworks Stats @ Forbes.com

As if weak construction demand isn’t tough enough, it seems contractors who actually find work these days must wait longer to get paid, according to a financial statement analysis by Sageworks Inc. [More]

Sep12

13 Ways Businesses Can Prepare for a Volatile Market

How do businesses buffer themselves in a penny-pinching economy? The clearest solution is to cut out some of the fat. Here are some suggestions: [More]

Jun22

3 Problems with Payment Stretching

When businesses are struggling to make their payments on time, they may be forced to stretch some of their payments past the invoice due date. But why are delayed payments a problem? [More]