This article is provided by the Greater Scranton Area SCORE Chapter.

Without a steady flow of cash to cover expenses, your company can quickly stumble. 

Cash flow troubles can develop even when sales seem strong. Facing a continuous cash crunch makes it difficult to conduct your business properly. And while it may be tempting to seek out fancy financial formulas for predicting and tracking business cash flow, the basics tend to be plain common sense for most small businesses. (more…)

This article is provided by the Greater Scranton Area SCORE Chapter.

The term “receivables” is one that small business owners quickly become familiar. This is money owed to your business. It’s a good thing, since receivables represent sales you have made. But receivables also can become a problem if clients are slow to pay—or worse, if they are not paying at all. (more…)