Entries by Mark Glucki

Is my money running out? Create a cash flow budget to find out.

Your company’s financial health is top priority, so create a cash flow budget to get immediate insights and reveal details about future success. Every entrepreneur and business professional would love to have a crystal ball to look into the future of their business. However, if you’re short on future-telling devices around the office, you still […]

7 steps to create your cash flow budget

For companies to grow and thrive, they need to have adequate cash flow so they can fulfill financial obligations such as paying salaries, vendors, suppliers, loans and investing back in the business. As explained in part one, a cash flow budget shows you exactly how much cash is coming in and how much is exiting […]

How to access funding through business grants

Exploring how to access business grants, with examples of interesting grant options in the U.S. and Canada. As a business owner, your demand for working capital can be met through multiple funding solutions. One of these routes to accessing capital is through business grants. Grants exist with local governments as well as private foundations. They […]

How to manage cash flow through uncertainty

Part 1 in our “cash flow through uncertainty” series. The COVID-19 pandemic has proven a big test for many small and medium-sized businesses. Being able to manage cash flow during its various stages was key to many companies’ survival, but sadly, those who were not prepared did not survive.  Crises can take many shapes: from […]

Six digital marketing pillars to improve ROI

Businesses have been adapting swiftly into digital sales and marketing — finding new ways to drive revenue even though they might not fit into a traditional “online selling” model. If you’re in this same boat, you may be wondering what digital marketing pillars you should focus on to increase your presence and give you a […]

Refresher: What is invoice factoring and how does it work?

Invoice factoring is a type of financing available to businesses that sell to other businesses on account — invoicing clients, usually with 30, 60 or 90-day terms. For businesses who haven’t established a track record with a major lender yet, or who don’t fit traditional bank lending qualifications, invoice factoring is a way to get […]

Scaling your business with invoice factoring

When you’re scaling your business, invoice factoring should be part of your growth plan. Cash flow. It’s often referred to as the “lifeblood” of a business, and for good reason. While most businesses can operate for a period of time with slow sales or little-to-no profits, their days are usually numbered if cash runs out […]