Companies fail for a lot of reasons, but financial mismanagement is generally at the top of the list. Here are five reasons why firms bite the dust, and how to avoid making a business mistake: Business Mistake #1 Revenue – or Rather, Quality of Revenue. Many entrepreneurs – if not most – have a sales…

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Stacks of pennies

Cash Management is a critical activity for companies of all sizes, but let’s review the importance of cash management for small business. Assuring that a company has sufficient funds when and where they are needed, is a constant challenge for financial managers. When a company has sufficient cash to finance its business plans and cushion…

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