Capital. Every business needs it, in one form or another. Start-ups. Expansion. Inventory. New markets. Equipment. Raw materials. All situations that require money, often more than the business (or owners) can generate themselves. So where are the sources of capital, and how can you get.
It should be no secret that cash is the fuel that keeps a business running. Getting it, keeping it, and managing it; these are activities business owners should master if they want their business to survive. In financial terms, it’s called Cash Flow, and it.
“The language of business is accounting.” Warren Buffet, billionaire investor and philanthropist One of the most common shortcomings of many business owners is a lack of appreciation for and understanding of the financial results of the business. Too often, the financial analysis goes no further.
When you think of your business financials, what comes to mind? Bean counting? Credits and debits? Quickbooks? What’s in the checkbook? Do you think of your financials as a necessary evil that gives you a headache every time you have to deal with the numbers?.