Category: Growing a Business

Jump to SectionShareFacebookLinkedInTwitterShare LinkCash Flow vs. ProfitCalculate Cash FlowImprove Operational CostsImprove Payment OptionsInvest in MarketingOrganize Your FinancesHow Nav Can Help While there’s more than one way to evaluate the financial health of your business, few are as closely related to success or failure as negative cash flow. Cash flow is the net amount of cash that flows in and out of your business. Cash flow management is essential for long-term growth. But how do you go about it?   The most… Read More

If you ask small business owners about their favorite ways to grow their sales and get new customers, they almost always include networking somewhere on that list. That’s because it’s just that effective. But sadly, networking opportunities and small business development efforts can be pushed aside in the busy day-to-day of running a business.  That's where small business conferences can come in. While they can be an efficient way to get industry insights, learn skills, or find vendors, it's the… Read More

Business debt can be a tool for growth, but when it gets to be too much, it can also prevent a business from taking advantage of opportunities to grow.  The Experian Oxford Economics Main Street Report Q2 2023 notes that “commercial lending remains open to small businesses,” this year, but small businesses face increasing pressure as interest rates have risen. “A decision to pay some creditors more slowly and hold onto capital longer will continue to increase delinquency rates across… Read More

Running a business is often about setting goals and putting in the long hours and hard work to achieve them. Regardless of what type of business you run, it’s likely that “selling more” has a frequent, if not long-term, place on your to-do list. It’s a goal that requires staying up to date on new techniques, honing strategies, and being in touch with the latest industry news. The sad part? It’s difficult for small business owners, many of whom have… Read More