Cash flow – Poimen Chris

Effective Financial Goal Setting for Small Business Growth

Setting financial goals is a crucial step in ensuring the growth and success of your small business. Clear financial objectives provide direction, help you measure progress, and keep you focused on what matters most. In this blog post, we’ll guide you through the process of setting effective financial goals for your small business.

Understanding Cash Basis and Accrual Basis Accounting: Which Is Right for Your Business?

The two primary accounting methods used by businesses are cash basis and accrual basis accounting. The main difference between them lies in when revenue and expenses are recorded. Cash Basis Accounting Under the cash basis method, revenue is recorded when cash is received, and expenses are recorded when they are paid. This means that ifContinue reading “Understanding Cash Basis and Accrual Basis Accounting: Which Is Right for Your Business?”

7 Steps to Improve Your Cash Flow

Cash flow is the lifeblood of any business. Positive cash flow allows you to pay your bills on time, invest in growth opportunities, and weather unexpected financial storms. However, many small businesses struggle with cash flow management. If you’re looking to improve your cash flow, follow these seven steps: By following these seven steps, youContinue reading “7 Steps to Improve Your Cash Flow”