Strong revenue can hide dangerous financial cracks. Here's why even fast-growing startups run out of money-and how founders can prevent it before it's too late
82% of businesses fail due to cash flow problems. Are you taking proactive steps to fix cash flow bottlenecks and ensure your business grows steadily and remains financially stable?
Ever think financial planning and analysis is just for big businesses? Think again! Startups thrive on solid financial planning, which is key to staying ahead of your competitors.
Stay ahead of invoice fraud and safeguard your cash flow with proactive steps for new small business owners. Learn to spot warning signs and take action to protect your business's financial health.
Amid increasing fraud cases, is your small business secure? Managing and safeguarding a business is an ongoing process, but proven strategies can protect your business and financial health.
Effective cash flow management is pivotal for sustained success. What changes can businesses anticipate and leverage from these trends to improve their financial strategies and successfully adapt to the changing landscape?
With investors looking for cash-positive businesses, here are three strategies every entrepreneur needs to learn to maintain a healthy balance between growth and profit.
In short, if the revenue you realize each month exceeds the expenses that generated that revenue, you are profitable. However, it does not necessarily mean that you have positive cash flow.
In such uncertain times as these, prioritizing profitability and free cash flow is the only way to manage against forces outside of your direct control, especially for startups and small businesses.
Calculating how much runway you have isn't as simple as you may think. Get it wrong, and your company might be running on fumes sooner than you expected.
Xero, a small business accounting platform, believes they know the secret to helping your business thrive during the Covid-19 pandemic. The answer is in their data.