Ever looked at your financials and thought, “I’m making money on paper, so why am I struggling to pay my bills?” You’re not alone—and the answer often lies in a key question many business owners overlook: Is cash flow the same as profit? This common misunderstanding can cause serious financial strain, even for thriving businesses....
It’s a frustrating scenario many small business owners face: you’ve spent days or weeks gathering financial statements, business plans, and tax returns, only to receive a rejection letter from the bank. You’re not alone. According to data from the U.S. Small Business Administration (SBA), around 70% of small business loan applications are turned down by...
An RBF Framework for Making Credit Decisions In the landscape of alternative finance, where small businesses often seek capital when traditional banks decline to lend, understanding the working capital cycle is crucial. This financial metric not only provides insights into a company’s operational efficiency but also serves as a more reliable indicator for lending decisions...
Effective controller management is crucial for businesses to maintain liquidity, operational efficiency, and financial stability. However, many companies fall into common traps that can hinder their ability to optimize working capital. This article explores these pitfalls and provides practical strategies to avoid them. Poor Cash Flow Forecasting One of the most significant mistakes in working...
Did you know that holiday retail sales were $929.5 billion in 2023? From Black Friday deals to Christmas shopping, October through December is a big deal for inventory-based businesses. Running out of inventory can result in lost sales, damage to your company’s reputation, and unhappy customers, all of which impact the long-term success of your...
