Monthly Archives October 2021

Oh Snap!!! It isn’t the most Wonderful Time of the Year! How to Manage Cash Flow in a Seasonal Business?   Cash flow management is crucial to the financial health of your business but, sadly, it can be especially tricky to handle for seasonal business owners. Peaks and troughs can have you wondering how you’re going to survive the slow months, let alone grow and improve your business. Fortunately, we have several strategies that can help you to manage your cash flow and help your business to thrive all year round.   1) Identify the Slow Season  The slow season is...
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How to Price My Services As a Business Owner? 4 Key Steps to Help You Get It Right   Pricing your services correctly is one of the most difficult parts of being a business owner. On the one hand, you understandably want to price yourself competitively, but you don’t want to sell yourself short, either. Profit, cash flow, and confidence are all important considerations when pricing your services, so here are four key steps to help you get it right.   Step 1: Calculate Your Costs  Even if you have a very capital-light business, there are always costs associated with...
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How to Receive Payments From Customers? 4 Flexible Payment Options for Your Business   Ensuring your company offers flexible payment options could improve your profits. Here's how you can make that happen.   There's a large variety of payment options in regular use today. While that's excellent news, it can become a source of frustration when the service a business uses doesn't match with that of the customer's. Not offering one of the essential payment options could decrease sales for both large and smaller companies alike. That's why you should ensure that your business can receive payments in as many...
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