Maintaining good cash flow is vital for any small businesses. To really understand its role, think of cash on hand as s small business’ vital fluids—the more cash on hand it has, the more ‘liquid’ a small business becomes. A favorable liquidity level means the business is able to settle the ... Views: 606
Poor management is one of the many reasons why most small businesses fail. Regardless of what form it takes, this problem eventually leads to the untimely death of a small business. Fortunately, poor management largely remains an issue that can be addressed by applying something which is common ... Views: 1130
Putting together on online business can either be an effortless task or a difficult process. In either case, the best way of doing things is to always have a plan. In formulating such a plan, you may find the following guidelines helpful.
Before anything else, you need to identify what type ... Views: 648
It's a well-known fact that small businesses are essential players in the economy; however, quite a strong percentage of such businesses cannot survive beyond five years after start-up. Small businesses make up the vast majority of employers and are major creators of new jobs. But a large ... Views: 474
Are you having problems with your debts right now? Are you planning on hiring a credit counselor but not sure what to expect? Before you actually start looking for a credit counselor to work with, you need to understand a number of things. Remember, you need to make the right decisions when ... Views: 669
Uncontrolled personal debt can have disastrous consequences for the individual. Many people are finding out first-hand the paralyzing effects of personal debt gone wild. Personal bankruptcies are often times not the result of incurring debt but of poor debt management on the part of the ... Views: 555
The word "wealth" has a number of different yet related meanings. If you take a look at the dictionary, chances are you'll find more than one definition of this term. If you try to ask ten different individuals what wealth means to each of them, you'll probably find as many varied answers Of ... Views: 975
Your net worth is simply the total value of your assets minus the total value of your liabilities. It is the difference between what you own and what you owe. Try to calculate and compute your net worth over various time periods in your life (e.g., this year versus last year). Is it increasing ... Views: 818