8 Recommendations for Safeguarding Cash Flow
Safeguarding cash allows your small business to maximize cash flow. Cash, including checks, is an important aspect of many businesses. But controls such as monthly reporting must be put in …
Why Is Small Business Life Insurance Essential?
Small Business Life Insurance is used to protect a business, or the family of a businessman, from the financial loss Small business owners depend on their enterprise as a primary …
7 Mistakes Small Business to Avoid
Avoid these too-common errors as you rev up your business. When running a business, it’s easy to get caught up in day-to-day concerns and lose sight of the big picture. …
To Lease or To Buy? Issues Relating To Both In Today’s Market
Comparing the small business economics of leasing vs. buying There are many factors every small business owner needs to consider when getting ready to make the decision whether to buy …
Three Keys to Obtaining Funding
To secure funding it’s essential to instill confidence with a professional and accurate financial summary Securing a loan or other private funding is all about the business owner. Can you …
Four Basic Principles for Raising Capital
Outside investors want to understand a business’ strategy as well as its financial statements. The need to raise capital from outside investors requires a great deal of preparation across …
Never Give Up! Seven Hard Won Lessons
…And other words of advice from James Gutierrez Progresso Financiero founder and CEO James Gutierrez shares his seven hard-won lessons: 1. Never give up: Whether I’m going after investment dollars …
Preparing Cash Flow Projections in 2023
An uncertain economy requires conservative cash flow projections. If you can survive in uncertain times without assuming additional debt, your business will thrive when the economy stabilizes. Each line item …
What’s Your Financial Burn Rate? 5 Questions & Answers
What you don’t know about your financial burn rate can burn you. One of the key financial indicators for a business is monthly financial burn rate. Failure to know and …
When Talking to Investors or Lenders – Always Be Ready
As with any pitch, know your audience and its pain points. Regardless of whom you are pitching for an investment or what stage of growth your company is in, you need to …
