finances Archives - Page 2 of 3

‘Tis the season to be frugal

"What's the story this year with client gifts, employee bonuses, etc.? What are you seeing other companies doing? We're in good shape financially, but careful about what we're spending at the moment. I would be interested in having another perspective....

Getting a Handle on Business accurate Financial reporting

Finance

Lending undergoes changes

"What are the financial rules under which I'm going to have to operate? It's a time of financial questions and concerns. Rewards go to those who are prepared. Let me share with you some observations from this past week. Lending...

Finance

Economic struggles can create opportunity

"What should I do about my prices? As I look around me, it seems like everything is going up - except what my company charges for its services. Help!" As owner and CEO, it is critical that you do what...

year-end planning Unit cost Business Partners in Line

Finance

Recession planning part 1

When do I know if I'm in trouble, financially? It seems like I'm okay, most of my customers are continuing to buy and I'm picking up new accounts here and there. It's certainly not looking like a boom year, but...

Finance

Tips to end the year

The end of the year is coming up fast. We've had a good year, business wise, but haven't been as good as we could be at keeping our records up to date. Any suggestions on actions we should take before...

Finance

Buying businesses – do the deal

Today's question comes from a business owner in Westchester, who's looking at an acquisition deal in an uncertain market. "We're looking at several acquisition targets, and are zeroing in on one or two. Frankly, to hit next year's numbers, we're...

turn around Cash flow and Cash Reserves are Weak in Business

Finance

Take the crunch out of your cash flow

"I'm expecting a cash flow crunch for the next month. Any suggestions? I'm hoping it will be short term, but need to be prepared in case it lasts longer than expected." Managing your way through a cash flow crunch...

Growing Small Business Revenue and Sustaining It

Finance

Hang in there or sell

"My company is stuck. We've hit the same revenue numbers the last 2 years, and are on track to do exactly the same this year. Everything I do to try to push forward doesn't seem to work. Even worse,...

Finance

Opportunities galore

"We are at a crossroads. My company is doing well, we have some money in the bank, and we are making money. I have several different opportunities that I can pursue, and the timing on some of these opportunities...

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