Cash Flow, Funding and Financial Management
Reducing Retail Business Expense
There are many areas in spending in which retailers can reduce without compromising customer service or quality. If your store is experiencing a cash crunch, consider the following ways to cut retail business expenses.
The use of trade credit creates additional cash resources by delaying cash outflows that would otherwise occur at the time of purchase. For this reason, taking full advantage of your trade credit is an important step in managing payables and improving cash flow.
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5 Steps to Shorten Your Cash Flow Conversion Period
Your About Guide to Small Business: Canada, Susan Ward teaches us the basics of cash flow management, including a simple way to make cash flow projections and how to improve your cash flow by shortening your cash flow conversion period.
How To Do a Cash Flow Analysis
Cash flow can be defined as the way money moves into and out of your business; it is the difference between just being able to open a business and being able to stay in business. Rosemary Peavler, your About.com Guide to Business Finance, offers this step-by-step guide on how to do a cash flow analysis.
What Check 21 Means to Your Business
Any business operating a business deposit bank account in the U.S. must know the implications of Check 21. Learn what your business needs to know about the new act.
Basics of Cash Management
This article explores the basics of cash management in a retail store. Find out how to select the right cash register, understand the benefits of a point of sale system, learn the parts of a POS cash register, and know how much money to keep in the till. We also have linked to POS software and POS hardware vendors and there is a printable form for balancing a cash register.