Creating a budget

Whether you’re looking to create a personal budget spreadsheet or just get a better grasp on money management, start with these six steps. Even if you don’t use a budget spreadsheet, you probably need some way of determining where your money is going each month. Creating a budget with a template can help you feel more in control of your finances and let you save money for your goals. The trick is to figure out…

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Cash Flow Management Strategies for Small Businesses

As trusted advisors, accountants and bookkeepers, we are in a good position to advise small businesses when they are facing cash-flow issues. Below, I describe 10 strategies to help improve a company’s cash position. Not all of these strategies make sense for all businesses. However, some combination of these can be employed by any business. In the long-term, free cash-flow, equity and debt financing are the best sources of working capital. However, these options may…

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