Before businesses were lucky enough to be able to create sales forecasts in Excel, business owners had to enter numbers on columnar pads and add the figures with a calculator. If a single number ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Andy Smith is a Certified Financial Planner ...

When reviewing cash flow data for your small business, knowing the standard deviation can help you determine if the numbers are out of whack. Calculating standard deviation manually can be ...

Effectively managing cash flow is one of the most critical skills business leaders must possess if they want their companies to grow profitably. A well-thought-out strategic plan doesn’t mean a thing ...

My SCORE colleagues and I mentor small businesses that are trying to figure out how to grow their business. One of the first discussion points becomes, what is your current cash flow like and what is ...

Cash flow forecasting is, hands down, one of the most important things your business should be doing. In short, its how your company can predict your annual profits vs. your end-of-year debt. It also ...

You might have heard that the biggest cause of business failures is cash flow issues, but to what extent is the severity of this widespread problem? To put things into perspective, more than 80% of ...

Traditional banks have begun offering businesses of all sizes a tech tool that fintechs had developed for small firms: cash-flow forecasting, or anticipation of how money will flow into and out of a ...

I was giving a keynote address to a group of medical practice business owners when one of the people in the room came up to me after and shared about his cash flow challenges. His practice was ...