Cash Flow Statement: A cash flow statement is a financial document that provides an overview of a company’s cash inflows and outflows during a specific period. It is an essential tool for assessing the financial health of a business and understanding its ability to generate cash. The cash flow statement is divided into three main…
Several key reasons why many businesses fail and offers insights into what successful businesses do differently. Let’s summarize the main points: 1. Lack of Attention to Cash Flow 82% of business fail due to poor cash flow. For me, cash flow is non-negotiable. when customers take up to 30 days, 60 days, 90 days or…
It is impossible to overstate the benefits of business coaching, regardless of whether your business is small, local or global. One of the most valuable resources for business owners is having a mentor they can trust. As with most things in life, running a business can be a very solitary endeavor. why small business fail…