We’ve all heard the saying that “cash is king.” Well, there is an obvious reason the saying exists, as cash is the most important asset to any business. No business can survive without it. Safeguarding cash accounts is a necessary step for all businesses. (Read More)
The second part of our Safeguarding Cash series concentrates on how cash leaves an organization’s bank accounts. I find it necessary to stress here, once again, how important cash is to any business, non-profit organization, and public institution. (Read More)
Inventory is one of the most important asset for any business, especially if the business provides products directly to the consumer. To this end, inventory is the real driver of revenue, and as a result, it should be one of the most safeguarded assets for any business. (Read More)
Employees are frequently the very heart of a small business. No matter the industry or organizational sector, employees develop, promote, and provide products and services directly to the consumer. Employee compensation can be one of the largest, most difficult expenses. (Read More)
Owning and operating a small business provides many with a means of freedom, and with such freedom comes fiscal responsibility. A great deal of small businesses fail within their first two years of operation, and much of that is due to financial disasters that coule have been avoided. (Read More)