Cash flow is the lifeblood of any small business. Some business experts even say that a healthy cash flow is more important than your business’s ability to deliver its goods and services! While that might seem counterintuitive, consider this: if you fail to satisfy a customer and lose that customer’s business, you can always work harder to please the next customer. If you fail to have enough cash to pay your suppliers, creditors, or employees, then you’re out of business!
Between mortgages, car loans, credit cards, and student loans, most people are in debt. While being debt-free is a worthwhile goal, most people need to focus on managing their debt first since it’s likely to be there for most of their life.
Handled wisely, that debt won’t be an albatross around your neck. You don’t need to shell out your hard-earned money because of exorbitant interest rates or always feel like you’re on the verge of bankruptcy. You can pay off debt the smart way, while at the same time saving money to pay it off even faster. Continue reading Paying off Debt the Smart Way→
More than 52 percent of businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills into dollars. Garages, basements and attics are being transformed into the corporate headquarters of the newest entrepreneurs–home-based businesspeople. Continue reading The Home-Based Business Basics→
Starting a new business is a very exciting and busy time. There is so much to be done and so little time to do it in. If you expect to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your business up and running. That’s where we can help. Continue reading Things to Know Starting a Business→
In Beijing they may say 2014 is the year of the Horse … but at HubCFO, 2014 will be the Year of the Blog!
Transitioning back to Boston, in this world things usually happen because we commit to them by preparing a Plan or Budget and then subsequently monitoring and reviewing our performance to the Plan, insuring our actual performance meets or exceeds the Plan … and assigning someone the responsibility of making whatever was budgeted … actually happen! Continue reading “This journey of a thousand miles begins with a single small step”-Lao Tzu→
Founded in Boston … and continuing to serve the Greater Boston/Cambridge Business Community!