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
Naad’s Naturals
“I wanted to do something that would make me feel like I was contributing to the earth, and I wanted to align more with one of my favorite quotes, “Be the change you wish to see in the world.” - Sheri Noordam In 2015, Shari took a leap of faith and sold...
The Brownie Bar
The Brownie Bar The concept of the Brownie Bar started in Jim and Michael’s midtown Omaha kitchen. They had a passion for cooking and a love for entertaining friends and neighbors. They gathered guests in their home on a cold February night to taste test brownie...
Prescription Pyro, LLC
Prescription Pyro, owned by Robert (Bob) Harrold, has been in business for 22 years. His business was born after he began fighting wildfires in 2010, following his trip to Idaho to fight fires with the US Fish & Wildlife Service. Prescription Pyro, LLC is a...