If you're a business owner, you know that cash flow is the lifeblood of your business. Without a solid cash flow plan, your business can quickly run into trouble, and it can be challenging to stay ...

An investor who puts money into your business has the right to understand your company's financial potential to determine whether it is a worthy investment. The financial projections you include in a ...

You’ve probably heard the phrase “cash is king,” but do you really know what it means, beyond the concept of making more of it than you spend? Many new business owners–and even some seasoned ...

Recently the Sunday Edition of the Washington Post had the following headline, "Region's Builders Rein in Visions- With Real Estate Downturn Projects Scaled Back, Scrapped." Lenders are tightening ...

Cash flow management is among the most challenging responsibilities of every business owner. It’s exactly what it sounds like: money comes in from sales, accounts receivable, investors, etc., and ...

I was giving a keynote address to a group of medical practice business owners when one of the people in the room came up to me after and shared about his cash flow challenges. His practice was ...

Financial forecasting gives you critical insights into your business and helps you project future sales and expenses. Let’s look at how you can create your financial projections in Microsoft Excel and ...

What Is Cash Flow-Based Financial Planning? Cash flow and income are two terms often used interchangeably, yet they serve different functions in financial planning. Income represents the earnings a ...

A simple framework to document and display projected cash flow across retirement phases. Highlights the effect of key decisions and assumptions on retirement cash flow. Help to identify areas that ...

When I teach SCORE classes, I stress the importance of "knowing your business numbers." This is vital for a new or existing business because this process helps you predict the cost of your products or ...