Wire fraud and financial fraud are two of the fastest growing crime types out there. Follow this key step when communicating with financial institutions, title companies, attorneys and their agents – confirm all wiring instructions and any other details related to the transaction and the movement of money by not just email but a phone […]
Business Cash Flow Management – 7 Steps to Controlling Cash Flow Business owners work hard to reach their financial goals and they constantly have their attention on the finances of the company. After all, cash flow is the life blood of the business. But business owners are not “in the business of managing cash flow”, […]
In 1994, while living in Dallas, Texas, I went on a mission to figure out why so many small businesses continually struggle with financial problems no matter what they try, or go bankrupt and fail when they offer excellent products and give excellent customer service. I have known for decades that small and medium sized […]
Thinking About How To get a Loan To Fund Your Company’s Growth? Are you thinking about how to get a loan to fund your company’s growth? Or if you should even consider it? In a recent article, Sandra Simmons, President of Money Management Solutions, Inc. and a cash flow management expert widely known in the […]
Cash Flow Management – The Mojo Banishes Financial Headtrash Through the years I’ve heard all kinds of “reasons” why business owners just “can’t” take care of their cash flow management. I call it financial headtrash…because, whatever the excuse, it’s not even HALF as bad as things will be if a business owner runs their business […]
Cash flow management is simply the practice of balancing how much income is coming in with the expenses that need to be paid. Businesses should not spend money they haven’t received, so projecting expenses and setting aside cash for future bills is important to the financial security of a the company. Cash flow basics Operating […]
Cash Flow Management Tip – Don’t Lose Sales From This Google Change! Losing sales is disheartening…and insult is added to injury when you lost those sales unnecessarily. In this case, you have time to act, and have control over whether or not you lose sales by having your website ranking obliterated by Google. I wanted […]
IRS Announces 2015 Business Tax Changes With over 72,000 pages of tax code, and growing, the IRS announces tax changes throughout the year. The 2015 business tax changes are no exception. So far there are 4 business tax changes that have been announced, and you can read about them here on our Cash Flow Mojo […]
A Business Cash Flow Lesson From A Fairy Tale: Remember the fairy tale “The Princess And The Pea” By Hans Christian Anderson? A prince was looking for his soul mate. He wanted a REAL princess, not a FAKE princess who was only after his money and his castle. He decided to test some candidates, so […]
Business cash flow is the lifeblood of every business, but all too often, businesses don’t pay enough attention to bringing cash into the business as fast as possible. The consequences of doing this can be dire: it can mean you don’t have enough money to pay staff or suppliers or, worse, the business could fail […]
