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Operating a small business or merchant business has its own challenges, and keeping a healthy cash flow is probably the biggest one. You plan your expenses, invoice your clients, and rely on on-time ACH payments and other electronic funds transfers (EFTs) to keep money moving. But what if the money you have been expecting never … Continued
In the United States, around 50% of newly established small businesses shut down within the first five years. Hence, it is extremely vital to keep a close eye on the financial condition of the business. Business owners should be aware not only of expenditures but also of how well the resources are being utilized for … Continued
Cashless payments are increasingly becoming the norm in the US, with small businesses that need to be agile and competitive among the biggest beneficiaries. With the constant rise in demand, digital wallets, contactless cards, mobile banking, and real-time payments have become standard, providing faster transaction speeds and enhanced security. When small businesses are up to … Continued
Assessing a company’s value is one of the key factors that can either lead to the success or failure of your next financing round, sale, or growth strategy as a founder. With the help of business valuation multiples, you can easily compare your company with other similar businesses based on important figures like earnings, revenue, … Continued
As a founder, making good financial choices means looking past profit and loss statements. The balance sheet gives a snapshot of your company’s financial health, showing your assets, liabilities, and equity, and offering insight into debt, liquidity, and working capital. Data shows that 82% of small businesses fail due to poor cash flow and financial … Continued
Never miss any payment or leave your company without an opportunity to keep rolling.
Never miss any payment or leave your company without an opportunity to keep rolling.