| What is one main thing that bedevils small business owners — especially those who are just starting out? It’s cash flow. Most entrepreneurs underestimate what they need to run their business and how much they need to live while they’re building their business. This lack of knowledge affects their small business development opportunities. Only [...] You know what comes right after holiday season, don’t you? Taxes! The sooner that you get your materials together for your small business taxes, the more free you will feel. If you are a small business owner and you’re NOT in retail, you may notice your work slows down the end of December and [...] Business women need to pay close attention to their finances in this economic climate. Sales cycles have become longer and cash reserves are more important. What are five ways you can reduce business expenses while still retaining key employees and services for your company? Start planning your business goals, strategies and objectives for 2012. Determine [...] Two other reports to review on a weekly basis are to insure that your bills are being paid in a timely manner (Accounts Payable) and that you’re receiving money due you in a timely manner (Accounts Receivable). Accounts Payable Accounts payable reports will show you what you owe to other people and if you are [...] I’ve never seen a report confuse entrepreneurs as much as a balance sheet. Yet this is a critical report about the health of your company. Cash flow is the queen of your business. Your balance sheet is your foundation. Basically, the balance sheet tells you how much you owe and how much you have invested [...] | 
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