Monday, May 26, 2014

Business Pointers: Common Mistakes that Affect Cash Flow Management

Marketing is highly beneficial, especially if done correctly. However, focusing too much of your cash resources on it without sufficient research can be disastrous in terms of not getting a good ROI (Return on Investment), and would be a waste of time and cash flow.

There are still a lot of factors that can have a negative impact on cash flow. Fortunately, such adverse results can be prevented by tools like modern cash flow management software such as Cash Flow Mojo® Software. It saves you lots of time and eases the burdens of keeping an eagle eye on your cash flow today.

http://cashflowmojosoftware.com/business-pointers-common-mistakes-affect-cash-flow-management/

Monday, May 5, 2014

Managing Cash Flow: Keep Your Receipts

Many small business owners pay for business expenses out of their own pocket and forget about recording them in their financial books. This is a problem because for an owner to maintain good financial records, he needs to keep track of ALL expenses. The consequences of lost or incomplete records can be dire: incomplete records can mean thousands of dollars in lost tax deductions.

To avoid committing this bookkeeping no-no, you need to keep all your receipts and tax invoices. Here are tips to help you do so: