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
The Relationship Corner
I have been in business for about 6 years now. I've always had a vision and a dream of how I wanted to expand my business, but I also knew my dreams were bigger than my pockets. I spent months trying to figure out how I could make my dreams come true. I...
The Occasional Collective
With the help of Nebraska Enterprise Fund's extended reach into SW Iowa, Alysia Hess, owner of The Occasional Collective in Treynor, IA was able to turn her small business dream into a reality. Hess purchased the old barbershop on Main Street in Treynor and did a...
Appsky
Appsky is a human-centered creative agency that specializes in the design, software, & consulting. They are based in Omaha, NE, and focus on building custom solutions for hybrid mobile apps and progressive web apps (PWAs), WordPress websites and e-commerce, and...