Financial Management Articles

Maintaining cash reserves and cash flow are challenging for many contractors, particularly those working in the commercial arena, where payment is typically...

You completed your latest plumbing project on time, sent an invoice to your demanding client, and are eagerly awaiting payment ... and...

When Sean Dolan switched careers a few years ago and bought Sanitary Pumpers in Eagle River, Alaska, he made one change right...

Entrepreneurs often use personal assets as startup capital and rely on their personal credit scores to secure startup loans. Once their businesses...

To maintain a healthy cash flow in your business, it’s important to get client invoices paid on time — the sooner the...

It’s right up there on the list of questions no business owner wants to have to deal with: What happens if my...

Running a company can be a bit like walking a tightrope. It’s all about balance. When times are slow and budgets are tight,...

Recruiting new employees is expensive. Experts estimate that businesses spend billions of dollars a year — some peg the cost at more...

Extending credit and utilizing an invoicing system is a necessary prerequisite to growth in the commercial arena and, in some cases, the...

Over the past year, you’ve been courting and cultivating potential new clients. After submitting a handful of proposals, at last a call...

Your business is humming along when one day you get the news that a key supplier — or perhaps one of your...

This could be you someday: You’ve spent your working life building up your drain cleaning business. Your reputation for quality service has...

When family members own a business together, separating work from family is nearly impossible. While the brain should drive business decisions, emotions...

When there is a plumbing emergency at night or on the weekend and fixing it can’t wait, the property owners pick up...