If your business is carrying debt, you know how quickly financial obligations can pile up if revenue drops or costs rise. Managing debt is a normal part of running a business, but sometimes numbers start pointing toward the need for a strategy switch. I’m here to break down some financial indicators that suggest it might … Read more
Running a business during rocky economic times throws a few curveballs, especially when it comes to handling debt. Balancing cash flow while chipping away at business loans, lines of credit, or vendor accounts takes some savvy moves and clear-headed decisions. I’ve worked with plenty of small business owners who told me that learning to manage … Read more
Regularly updating financial projections is one of those habits that seriously helps businesses stay nimble, spot new opportunities, and react to risks before they escalate. Stale financial forecasts make planning hard. Especially in fast-changing markets or unpredictable times, staying on top of your numbers matters a lot. I’ve collected some tips and best practices that … Read more
Scenario planning can be a real game changer when it comes to keeping your business finances on track during uncertain times. By thinking through possible challenges ahead of time, you can help your business bounce back faster. Whether it’s a sudden economic downturn, a supply chain disruption, or something as unexpected as a global pandemic, … Read more
Helping Clients and running a business keeps me on my toes, especially when it comes to cash flow. It’s pretty easy to get caught up in growth, new products, or even making that next big marketing push, but ignoring cash flow can quietly undo all that hard work. Handling cash flow the right way is … Read more
Financial projections make up a crucial piece of the business planning puzzle, whether you’re just starting or looking to steer your company into new territory. Creating these forecasts might sound intimidating, but having a clear picture of your business’s potential future revenue, expenses, and profits can help you make smarter moves, attract investors, or just … Read more
Starting up a new business can feel exciting and challenging at the same time. I’ve spent a lot of time working with founders who are piecing together their first business plans, so I know that turning your ideas into a solid plan helps you avoid guesswork and sets you up for smoother growth. A thoughtful … Read more
Getting your business off the ground takes more than just a big idea. It takes a plan that guides you from wild brainstorming to real-world action. When I started working on my first business, I realized pretty quickly that it was easy to get lost in all the advice and templates floating around online. That’s … Read more
Figuring out financial management isn’t always the most exciting part of running a small business, but it really can make the difference between growing your business or shutting it down. Plenty of small businesses run into money troubles long before they reach their potential, not because their ideas were bad, but because they got tripped … Read more
Small business owners have a lot on their plates, from figuring out how to attract customers to battling unpredictable market shifts. What I’ve learned from running my own businesses and chatting with other owners is that market research is the unsung hero that helps you dodge problems and find golden opportunities. Instead of guessing what … Read more