Determining Cash Flow
As a small business owner, it’s important to know how much cash is moving in and out of your business. You need to think ahead in order to meet financial obligations and run a profitable business on a long-term basis.
Calculating Start-Up Expenses
Business startup costs can add up quickly. You’ll likely need to invest in equipment, inventory, payroll, software, and office space – just to name a few expenses. Plus, you’ll also have to pay for permits, marketing costs, and any needed legal fees.
Why Is Budgeting So Important?
Budgeting – creating a realistic spending plan for your money – helps ensure you will always have enough capital for business necessities and aids long-term financial planning. Following a budget can also keep you out of – or help get you out of – debt.
Additional Resources
Naval Veteran Navigates Franchise Opportunity
By Jane Armstrong Darrell Cook spent most of his life living the military life. As the child of an Air Force veteran and 20 years of his own service in the Navy, he was used to moving around. When the time came to retire in 2003, he and his family returned to his...
Divine Living
Divine Living: Providing Person-Centered Care for children and adults with physical and developmental disabilities in Nebraska and Iowa How NEF helped Divine Living establish a brick-and-mortar location “If we learned anything from the pandemic, it’s that we’re better...
Secret Sauce: How To Make Your Food Business Profitable?
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