With almost two decades of experience, Ken Kaufman focuses his professional efforts on helping entrepreneurs maximize cash flow, improve profits, and obtain clarity.
2011 wasn't a great year for the economy. And most experts don't expect 2012 to be any better. What can small business do to survive, or even thrive, in a tough environment?
by: Ken Kaufman | channel: Small Business Resource Center
Using the cash flow formula to determine your cash flow projection will help your business use this precious resource more effectively.
While it may seem like there is only so much you can do to trim your spending, the following opportunities for saving money come straight from the trenches.
by: Ken Kaufman | channel: Entrepreneurship, Small Business Resource Center
All businesses benefit from the sound strategic planning a budget can provide. But small and fast growing businesses may need a more dynamic tool.
Your company's values, whatever they may be, should be reflected in everything you do. Otherwise, why have them?
Are you restraining your company's growth?
When it's time to get out of your business will you be getting all you can out of your business?
With these robust tools and informed resources, you can run or manage just about every facet of your business. For free.
Employ cost drivers to prevent faulty overhead cost predictions from undermining your profit projection and planning efforts.
You can't predict the future. Or can you?
Your small business may be your among your most valuable assets. But what's it really worth?
You can't get there from here if you don't know where you are.
Your waistline probably can't afford an extra cookie before bedtime. Your business probably can't afford these four budget busters, either.
Making the decision to hire -- or fire -- is never easy. Here's a step-by-step process to take some of the guesswork out of it.
Stop embracing change and start practicing your pivot, especially when planning cash flow for a new venture.
There is one sure-fire way to get funding when you start your business: Get paying customers.
Are you the type who takes candy now or who holds out for cake? Learn why both decisions can be valuable, and how to figure out whether it's better to act now or wait.
It's difficult to tell whether or not your business is doing well if you're not using the right metrics.
2011 can be a very good year for entrepreneurs...if you stay on top of the economic trends.
Regardless of how the economy has impacted your business, planning and budgeting for 2011 is an important tool to help you maximize your results.