To ensure overdue accounts get paid, you can implement an effective collections policy by following the ten steps described in this article.
Bookkeeping & Cash Flow Management
Our balance sheet template, cash flow statement, income statement template, and budgeting worksheets help with all your small business accounting needs.
Learn successful cash flow analysis techniques by reviewing ten different ways to increase your business's cash flow.
Learn about methods of accounting, tax liability issues, financial statements and other money-related things that a small business owner should be aware of.
You can achieve business growth not only by making money, but also by investing the cash produced by frugal spending. Learn how to minimize business expenses.
Learn how to better understand and manage your finances and access financing through Amira's story example.
Use this balance sheet template to create your own balance sheet.
Learn the bookkeeping basics - read about revenues and expenses, cash expenditures, inventory records, accounts receivable, accounts payable.
Review these budgeting techniques to evaluate your business's performance. The article focuses on how to develop a budget and how to use it as a control tool.
The cash flow sensitivity analysis helps forecast changes in receipts and disbursements.
If you often don't have enough cash on hands, review cash flow triage techniques to obtain quick cash in case of emergency and to improve cash flow management.
Use this worksheet to plan your cash flow.
Learn how to prepare a cash forecast to see where you may need additional funding in the future.
Learn four easy steps to control your costs and increase the profitability of your business.
Financial controls are critical to your business' financial stability and safety. Learn how to put controls in place.
When you review a potential client's credit report and recognize the warning signs, should you turn down the business or not? Learn from our experts.
Learn what direct and indirect costs are, how they are different from expenses, and how you can calculate the break-even point of your business.
Maximizing your company's income is the ultimate goal of your business. Explore common income issues and cash flow solutions.
Cash flow problems often catch small business owners by surprise. An accurate cash flow projection can protect entrepreneurs against this situation.
Need to write a collection letter to collect a delinquent account? Review these three sample collection letters, each designed with a different purpose.
Learn how to create a cash flow statement and what to do if your business falls short of cash.