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Cash Flow

234 posts
financial literacy
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The Ultimate List of Books to Read to Sharpen Your Financial Literacy

Managing your finances should be taught in school. Unfortunately, this is not always the case. More than half of us live paycheck to paycheck. Similarly, nearly one-third of adults have no emergency reserves or savings. This is a recipe for disaster, especially when we’re faced with recession or a pandemic. Solid financial guidance is essential....
save startup money
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Do These 8 Things to Save Your Startup Money

Startup entrepreneurs face some of the toughest odds when it comes to achieving success. With 90% of startups failing — more than half by Year 3 — there’s seemingly little hope for those looking to start their own company. Yet, small business owners are vital to the U.S. economy. These mom-and-pop shops make up for...
economic crisis
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How Startups Can Survive — and Even Thrive — in an Economic Crisis

Just as the economic effects of the pandemic showed signs of receding, the world has been hit with the prospect of an even more severe inflationary spike due to the Russia-Ukraine conflict and the ensuing sanctions resulting in significant disruption to global trade. Under conditions brought about in response to the COVID-19 pandemic, broken supply...
credit reports
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Business Credit Vs. Personal Credit Reports: Why You Need Both

Personal credit is something you should be familiar with as a business owner. Having good credit, or being "creditworthy," makes getting financing easier when you need it. But do you know what your business credit report is and how it works? Business credit is like personal credit in many ways. But they are not exactly...
funding options
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Need Cash Fast? Here Are Funding Options for Startups

Whether you are running a tech startup, an app or the next best thing to solve world hunger, pretty much every startup relies on having a strong and stable cash flow. However, with more than 50% of startups failing by their fifth year and 82% of these allegedly failing due to a lack of cash,...
business credit
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Simple Ways to Establish Business Credit

It's practical to learn how to establish credit for your business. However, before you start applying for loans, weigh the costs as well as the impact on your business. Once you are approved for a loan, there is no turning back. Planning is crucial when it comes to operating with loans. You should consider how...
VC partner
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How to Find the Perfect VC Partner, Even During Times of Uncertainty

While the pandemic has certainly had an impact on the startup space, speculations were off about one thing: venture capital. It didn’t dry up: Venture investors poured $150 billion into North American companies in 2020, up about 7% from 2019 levels. All was not rosy, however, as first-time financings comprised only a fraction of that...
money
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6 Leading Entrepreneurs on Their Biggest Money Regrets

Even the world’s wealthiest people make poor financial decisions. We asked six self-made millionaires to reveal what they learned from their biggest money regrets. Here’s what these leading entrepreneurs and The Oracles advisors had to say: I didn’t invest in Uber “I had the chance to invest in Uber in the early days and I passed it up — twice....
increase monthly profits
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Simple Ways Product-Based Businesses Can Increase Monthly Profits

In order to thrive, businesses must have a healthy bottom line. Have you recently taken a long look at your product-based company’s financials and realized that its overall profit is much lower than you expected? Even though your business is making a ton of sales every month, the numbers don’t lie — profits may be...
microlending
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4 Key Reasons to Consider Microlending to Fund Your Startup

Among the financing solutions available to startups and small business owners, microlending is one of the more accessible. Also known as microcredit, microlending has been gaining popularity in recent years – and for good reason. Keep reading to learn more about microlending and why you should consider this option to fund your startup. What is...
Profitability
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How to Boost Your Startup’s Profitability with This Old Improv Trick

Where does revenue come from? And how can we make more of it? When you’re building a business, everything comes down to these two questions. The more specifically you can answer the first, the more opportunities you’ll see to answer the second. To see the big picture, you have to get small. You need to...
grow business post-pandemic
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3 Tips to Grow Your Business in the Post-Pandemic Era

Summer is in full swing, and in some areas of the country, mask mandates have lifted and event production companies now have packed schedules. It seems like we are starting to finally overcome and move beyond the COVID-19 crisis. If you’re a business owner, you may be wondering what steps to take to ensure the...
fundraising strategy
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Entrepreneurs Must Optimize Their Fundraising Strategy to Move Forward

Despite the recent radical economic changes, entrepreneurs have been resilient and adapted their business models to cope and sometimes even go public. However, entrepreneurs often make costly, avoidable errors in their funding strategies. Entrepreneurs can optimize their fundraising strategy by learning to avoid cash management pitfalls and how investors evaluate startups. Every successful entrepreneur knows...
Rapid Finance
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Rapid Finance Helps Businesses Achieve Their Goals

Business financing is often an essential component to any successful business. Whether it’s financing new ways to help reach your current business goals, or accessing extra working capital when you’re in a bind, Rapid Finance can help. Explore the possibilities of working with Rapid Finance through these two firsthand accounts by businesses who needed a...
business finances
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Understand Your Business Finances Better by Answering These 5 Questions

A business owner faces many pressures, concerns and challenges and, perhaps, the biggest concerns revolve around money. Without it, the business can fail, creating a domino effect that can affect everyone involved in the business, including you — the owner. This is why understanding your business finances is one of the most important aspects of...
buying a business
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4 Important Questions to Ask When Buying a Business Right Now

The market looks vastly different than it did a year ago, which means new opportunities — for better or worse. As businesses reopen, they offer clues to which industries proved to be pandemic-proof, meaning they were hit hard but show strong promise of recovery, and which ones appear gone forever. If you were already researching...
small business recovery
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Small Business Check-In: Which Sectors Are Recovering Better and Why?

March 2020 was a month no business owner will soon forget. The country was locking down, and our small business clients were struggling to understand the rapidly changing news cycle, a patchwork of local ordinances and vast changes to customer demand. Over the next several months, small businesses were forced to make the hard decisions...
subscription-based business
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3 Tips for Building a Successful Subscription-Based Business

The way consumers buy goods and services is changing. Have a look at your bank statement over the last several months, and I’ll bet there are more than a few recurring charges for Netflix, Amazon Prime, Spotify or Zoom. Consumers used to buy one-off products or services but are now increasingly subscribing to receive them...