Cash is critical for firms to fund operations. However, not all income generated from sales and service provision are realized immediately, and these become the business’ accounts receivables. Like cash, a receivable is an asset, but one that you cannot use to pay...
A business’ operation cycle, no matter how complex it may appear, always has these three main stages: sale of products or services, invoicing of client, and collection of accounts receivable on such invoices. What happens when there’s substantial delay on the part of...
It is not always easy to synchronize receipt and expenditure of cash in business. Thus, it is critical that you get a reliable source of money to bail you out when you find that you are unable to pay your utilities, employees or even vendors. You may avoid crippling...
The success of any company solely depends on its cash flow. Unfortunately, small and growing companies experience cash flow problems because they are yet to establish themselves in the market and have very few loyal clients. Also, they must compete with the already...
It is well known within the trucking business that the ability to control cash flow can totally make or break the business, no matter the size of the trucking company we’re talking about. With this current picture, there is one particular solution that comes as a...
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