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How to Manage Your Working Capital More Efficiently

How to Manage Your Working Capital More Efficiently

Everyone likes to have cash on hand. There’s a sense of security you get knowing you have money in your pocket. But when you run a business, you want your money working as hard as you do. And too much cash sitting around in an account for too long is definitely...
Some Savvy Strategies to Stretch Your Marketing Budget

Some Savvy Strategies to Stretch Your Marketing Budget

Most small-to-medium-sized businesses have a limited marketing budget, so you’ve got to spend wisely and capitalize on as many free opportunities as you can find. Here are a few tips to get you going: Copy the big boys The first step could be to do some opposition...
Frequently Asked Questions About Prepaid Expenses

Frequently Asked Questions About Prepaid Expenses

In the course of business, it is sometimes necessary to make advance payments for expenses that fall into more than one accounting period. With accrual-basis accounting, companies implement “matching,” where the company aligns expenses (efforts) with revenues...