by Robyn Barrett | Mar 1, 2018 | Asset, Cash Crunch, Handling Clients and Customers, Saving Money
All too often we see business experiencing strains on finances, even when sales are high. Building capital to take on growth projects or simply meet overhead expenses can be challenging if cash flow is reduced to a trickle. Instead of turning to loans, businesses can...
by Robyn Barrett | Jul 31, 2017 | Accounting, Saving Money, Technology
Businesses have a variety of variable expenses that must be paid in order to keep the doors open. These include payroll, utilities, rent, supplies, and equipment costs just to name a few. Sometimes these costs suffer from something known as mission creep. That is,...
by Robyn Barrett | Aug 15, 2016 | Credit, Funding, Saving Money, Small Business
One of the first questions that needs to be answered when thinking about starting a business is; how will I grow this business? Your eagerness to getting your business started can lead you to making some costly mistakes and sabotaging your business in its early stages...
by Robyn Barrett | Dec 5, 2014 | Banking, Saving Money, Small Business
I bet you thought bank fees were written in stone; untouchable and definitely not up for discussion. You are wrong and that is a good thing. Everything can be negotiated, and when a lender wants your businesses they will deal. Banks make a lot of money on fees and...
by Robyn Barrett | Feb 11, 2014 | Accounting, Cash Flow, Finance, Saving Money
It happens every day; a customer pays an invoice but remits less than what was due. In other words they took a deduction or short paid the invoice. While some industries use the terms short-pay and deductions interchangeably, there are experts who make distinctions....
by Robyn Barrett | Sep 25, 2013 | Saving Money
In today’s world where companies are looking at every aspect of the business to save money, the low hanging fruit is usually cost of goods sold. Few companies are turning to accounting departments to save money but maybe they should. Many articles have been written...