Many businesses are seasonal and experience spikes and valleys during different times of the year. For example, if your business depends on summer tourist traffic, sales may be slow during the winter. On the other hand, you may have a business that depends heavily on holiday sales. In such cases, it can be tricky to maintain healthy cash flow during the slower periods.
There are many tactics to help offset cash flow problems. For example, you might introduce new products or services that are popular during your off season. Another very effective way to enjoy steady cash flow is to use invoice factoring, a type of financing that lets you collect payment up front for your invoices. Read more
Many question the difference between purchase order financing and invoice factoring. Here we will explain the difference and when each form of financing is used.
If you have a business it’s a good idea to keep your personal finances separate from those of your business. This helps you avoid personal liability regarding any debts or lawsuits connected to your business. It also simplifies your taxes and helps you better understand the state of your finances. There are several ways you can keep these two aspects of your life separate. 
If you have a small business you know how important it is to have sufficient cash flow. You need cash for everyday expenses such as payroll, rent, utilities and supplies. Some financial advisors recommend having up to six months in operating expenses to be safe. The exact amount you need, however, depends on the amount of cash that typically flows in and out of your business. Let’s look at some of the criteria you need to consider when calculating the amount of small business savings you need. 
