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Using Financial Reconciliation to Keep Your Business on Track

Using Financial Reconciliation to Keep Your Business on Track

by david@numbercraft.us | Feb 6, 2024 | Latest News: Business Finance

As a small business owner, you’re likely already aware of the importance of keeping your finances in order. Financial management goes deeper than paying your bills on time and collecting on invoices (although those are also important). It involves regularly checking...
Unlocking the Secrets of Small Business Cash Flow

Unlocking the Secrets of Small Business Cash Flow

by david@numbercraft.us | Jan 27, 2024 | Latest News: Business Finance, Latest News: Strategy

When it comes to running a small business, maintaining a healthy cash flow is essential for sustainability and growth. Your business can be incredibly profitable but still ultimately fail because of improper cash flow management. To prevent that from happening, here...
Return on Investment vs Cost: How to Weigh ROI When Making Business Purchases

Return on Investment vs Cost: How to Weigh ROI When Making Business Purchases

by david@numbercraft.us | Jan 24, 2024 | Latest News: Business Finance, Latest News: Strategy

Deciding to purchase something to help your business is a big decision. It can be difficult to part with hard-earned money, especially in the early days. To understand the right time to invest by purchasing something for your business, you must calculate whether the...
Avoiding Bankruptcy: Top Ways to Prevent It

Avoiding Bankruptcy: Top Ways to Prevent It

by david@numbercraft.us | Jan 18, 2024 | Latest News: Business Finance, Latest News: Personal Finance

Starting a business is not for the faint of heart. A certain level of stress comes with carrying the responsibility of ensuring your company’s success. If things go wrong, it all falls back on you. That said, the freedom and sense of accomplishment of running your own...
Mastering the Art of Lean Inventory: A Small Business Guide to Just-In-Time Management

Mastering the Art of Lean Inventory: A Small Business Guide to Just-In-Time Management

by david@numbercraft.us | Jan 14, 2024 | Latest News: Business Finance, Latest News: Management, Latest News: Strategy

As a small business owner, it’s essential to find ways to manage your inventory effectively to reduce costs, optimise warehouse space and ensure customer satisfaction. How you manage your inventory affects your cash flow, your customer relationships, and your...
Reducing Waste and Spoilage: Best Practices for Inventory Management

Reducing Waste and Spoilage: Best Practices for Inventory Management

by david@numbercraft.us | Jan 10, 2024 | Latest News: Business Finance, Latest News: Management, Latest News: Strategy

As businesses grow, managing inventory effectively becomes crucial to staying competitive and maintaining profitability. One key aspect of inventory management is reducing waste and spoilage, which can have significant financial and environmental implications. In this...
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