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Savvy cash management helps your bottom line
January 1st, 2018
Cash flow—the amount of money flowing into and out of your shop—is an easy concept to understand, yet not always well managed. Not every owner is aware of the impact skillful cash management has on net income, probably because the importance of managing revenue is far easier to recognize in some types of businesses than […]
Sophisticated, simple succession strategies protect your business
September 26th, 2017
Larry Oxenham, senior advisor with the American Society for Asset Protection, says small business owners should ask themselves one question: If something were to happen to me today, what would happen to my company? “Every small business will pass on eventually,” says Oxenham, “either voluntarily or involuntarily.” He says that most successful businesses are built […]