As a business owner, you are acutely aware of the importance of maintaining positive cash flow. But just because you’re in the black, it doesn’t mean your costs are being managed as effectively as they could be. And if the bottom line is under pressure, taking a hard look at costs can make all the [...]
Posts Tagged ‘receivables’
Get your fiscal house in order before shopping for cash
by Bruce Fischer - Wednesday, July 1st, 2009From a credit line with the bank to funding through the Ottawa Community Loan Fund, there are a number of financing options a business can explore to carry it through a rough patch. But it just makes good business sense to first put internal operations under scrutiny and see how cash flow can be improved [...]
Understand and control your cash flow, don’t let it control you
by David Logan - Sunday, June 28th, 2009The issue
Business people know that their business cannot effectively operate without proper cash flow. The issue is to gain an understanding of the details of your businesses cash flow needs, anticipate problems and have solutions. In general if your cash flow has deteriorated and the bank is calling you to repay a demand loan or [...]
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