by Balustrade Creative | Oct 25, 2021 | Business Financing, Insights To Business, Small Business Cash Flow, Working Capital
Money can be tight when a business first opens its doors. Most businesses start out with just enough to get off the ground hoping that their profits are solid enough during the first quarter to give them a boost for the next few months. The problem is that it leaves...
by Balustrade Creative | Oct 5, 2021 | Business Financing, Insights To Business, Small Business Funding, Working Capital
Opportunities are everywhere when it comes to business. Even though we sometimes see opportunities, we fail to act on them. This can result in what is referred to in economic circles as opportunity cost. Opportunity cost is basically the cost that results from missed...
by Balustrade Creative | Oct 4, 2021 | Business Financing, Insights To Business, Small Business Funding, Working Capital
What is working capital? Simply put, working capital is money that a business has set aside to pay for the day to day operating costs. There are times when business is slow or an unexpected event has occurred that has depleted its financial resources, making it...
by Balustrade Creative | Aug 27, 2021 | Insights To Business, Small Business Cash Flow, Working Capital
There are two accounting methods that are used to create a cash flow statement. Both methods are valuable and give you an accurate depiction of your company’s cash flow and how well it is working. The accounting method you choose should be one that you are...
by Balustrade Creative | Aug 24, 2021 | Insights To Business, Working Capital
If you own a business, you are constantly looking at the numbers to determine where you stand financially. Understanding working capital management is important if you plan on operating your business successfully. Analyzing the different ratios associated with your...
by Balustrade Creative | Aug 19, 2021 | Insights To Business, Small Business Cash Flow, Working Capital
Income and revenue are often used interchangeably. The fact is, they are quite different and when calculated, can provide an accurate picture of a person’s or business’ financial state. Both income and revenue are considered when making financial...