Monday, August 19, 2013

Special Offer: Free Download $15.99 ebook on Kindle! 2 Days Only

I am offering my book for free as a Kindle ebook for 2 DAYS ONLY!!! at     Regular price: $15.99. Price through Tuesday, August 20, 2013: $0!!

If you are a small to medium-sized business owner or considering starting or buying one, this book will provide you with practical and actionable advice for solving your financing issues. Easy-to-follow examples and real-life case studies take you through the process and provide step-by-step alternatives for financing your business. Written by me, a CFO and former financial and business advisor who has helped small and medium businesses garner over $33 Million in financing. Click here to download the ebook for free through 11:59 pm on 8/20/13 in your timezone.
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Monday, August 5, 2013

Improve Your Company's Cash Flow

Every small business could use some more coinage!
I write a number of articles on small business financing and how companies can improve their cash flow. I also keep my eyes open for articles by other authors and writers on the subject. Thus, an article in the Canadian national newspaper the Globe and Mail caught my eye. The title, Five Ways to Improve Your Small Business Cash Flow was also catchy. So I thought I'd share it with those of you who don't read Canadian newspapers (primarily, because you aren't from Canada or don't do business there!).

For fear of copyright infringement, I can't list the five. But I can comment on a few and provide a link for you to read the rest. One way to improve your small business' cash flow is to obtain a working capital loan. This it typically a line of credit. A bank credit line provides the best option but, if your business does not qualify because it does not have a high enough paydex score -- the credit rating for businesses -- or an insufficient operating history, you have other options. You can get a credit line against your receivables from an accounts receivable lender. These are more expensive than banks but, if you do this for six months and your lender reports to Dun & Bradstreet, you'll qualify for a bank line in six months. Some companies also use term loans for working capital. This works well if your company is in expansion mode. Your company can leverage other assets to support a term loan. Alternatively, as an owner or investor, you can provide a personal guarantee.

The article gives four more options. In addition, it provides different information on loans than I give. Check it out at Globe and Mail: Five Ways to Improve Your Small Business Cash Flow.
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Sunday, August 4, 2013

Every Business Owner Needs a Little Laughter

Ok, this is NOT about finance, cash management or anything else related to small businesses. But a friend shared it with me and I thought it was refreshing, not to mention hilarious! I thought, "I never post on Sundays anyway!" so why not post this today. Enjoy!

This is Jimmy Fallon and the Roots with Robin Thicke using classroom instruments to perform Robin's song. Does anyone else besides me remember the plastic flute from elementary school?

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