15 Financial Management Tips for Beginners

15 Financial Management Tips for Beginners Separate Business Expenses from Personal – This will help keep your personal spending separate from your business costs. Plus, having a business credit card could come with a higher credit line, for unforeseen expenses. Not separating the two can cause confusion when you’re analyzing your yearly spending. It could…

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No Time for Forecasting?

I don’t have time to worry about forecasting or budgeting I hear from a lot of business owners that they don’t have time for forecasting or to do budgets or forecasts. I get this, I’m a busy business owner too, but that’s foolish and short sighted. But, let me ask you this – do you…

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7 Top Tips to Avoid Excel Errors

Errors in Excel spreadsheets are very common. I make them too! We’ve been hearing more and more about how much it’s costing companies here, here, here, and here. I’ve written about using purpose specific commercial software products here, but what if you just HAVE to use Excel? Well, today, I’m going to give you a…

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Afraid of Numbers

The “F Word” is far more intimidating than you think! “F” is for financial stability, and it’s a principle that many small business owners lack knowledge with. To make your business more financially stable, watch our video below.

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Do you have time to make good business decisions?

You’re busy running your business. You want to make smart business decisions. You know there are helpful tools available, but who has time to think about it all and enter the data? WE DO!! GrowthCast has added a full-service option to our amazing cash flow predictor. Cash is possibly the most critical aspect of your…

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The Top 10 Ways to Keep Your Business Financially Healthy

Recently, I gave a presentation on my “Top 10 Ways to Keep Your Business Financially Healthy” and thought I’d turn it into a blog post to share with all of you. No co-mingling. No, this is not an HR issue! This refers to co-mingling personal and business funds. Not only does this make your accountant’s…

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Forecasting Growth

Is your company growing? Would you like it to grow?  We tend to think of growth as a universally good thing, and while it is a good thing, it comes with its share of challenges. Did you know that almost every growing company will run into cash flow shortages? Or even worse, limited cash flow;…

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Why Financial Forecasting is Not Just a Financial Activity

We tend to think of anything having to do with numbers as a financial activity, and that alone makes some of us shy away from it. However, financial forecasting and budgeting are so much more than just a financial activity. First of all, financial forecasting is an operational activity. You want to make sure you have the…

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Forecasting Growth

Is your company growing? Would you like it to grow? We tend to think of growth as a universally good thing, and while it is a good thing, it comes with its share of challenges. Did you know that almost every growing company will run into cash flow shortages? Or even worse, limited cash flow; something that…

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Habits of Financial Health

Here at GrowthCast, we have users that find our service valuable for making big-yet-infrequent financial decisions such as moving, hiring or making a big investment. However, we also have businesses that monitor their financial position regularly. Guess which ones are healthier? Using any sort of forecasting tool exclusively for the big (and infrequent) decisions is like…

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