Author: Maximilian Specht

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How Much Cash Flow Should My Business Have?

It’s a question we hear a lot from small business owners: how much cash flow should my business have?  While it might vary from business to business, what doesn’t change is just how essential cash flow is going to be to your success. If you don’t have positive cash flow, that’s a red flag that…

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Keeping Track: How To Make A Sales Tracker

As a small business, keeping track of your sales is essential.  It helps you keep track of performance, your overall success, and gives you insight into your products, services, and even your staffing decisions. A sales tracker can help turn those sales into data you can use to power your business.  In this article, we…

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How Do You Track Small Business Income and Expenses?

As a small business, you need to have a full and complete understanding of both your income and expenses. That’s why tracking both is pivotal. It helps you stay organized, keeps you prepared for tax season, and builds on your success with a clear and methodical approach to handling your finances. In general, it helps…

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How Can I Improve My Cash Flow?

It’s the number-one question on the minds of small business owners: how can I improve my cash flow, and how can I do it quickly?  There’s no two ways around it, your cash flow is imperative to the success of your business. Understood more broadly, it’s the money coming in and out of your business…

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How Do You Calculate A Small Business Budget?

A successful business runs based on a smart, and strategic, budget.  Considering that, how do you calculate a small business budget? More importantly, how do you make it work for you and the goals of your business. All of these things are crucial to help set you up for success, but many businesses forget to…

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The 5 Most Common Problems with Cash Flow (and How to Correct Them)

If your business lacks cash, you won’t be able to succeed.  Cash flow is imperative for any business, and it’s vital to ensure you correct any cash flow problems - ideally before they even reveal themselves. This way, your business can remain healthy, strong, and well-positioned for the future.  From this article, you’ll learn:  The…

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