Cash Miller's Articles in Finance

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What Is The Difference Between Cash And Accrual Basis Accounting? Many people that are new to the world of small business do not realize there are two distinct forms of accounting. Determining which method is best is important for your business. But how can you make that decision if you don't know the difference between the two? 4 Ways To Build Your Business Credit Establishing credit is one of the most important things a business can do. Because every business needs to have as much financial flexibility as they can get. Here are 4 ways that you can go about building your business credit. The Truth About Building Your Business Credit All businesses whether large or small usually rely on some form of credit to help get things done. In today's business environment establishing your credit is more important than ever. What you may not know is the financial risk you may be personally taking when you sign on the dotted line. Protecting Your Business Credit Lines You work hard to establish credit lines with your suppliers. Often you will have to trust your employees to use those credit lines on your behalf. But is your trust well placed or not? You might be surprised with the answer. Be Active In Managing Your Accounts Receivables Effective management of your companies accounts receivables is crucial to maintaining positive cash flow for your business. Failure to manage your accounts receivables could cost you everything!

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