Cash flow is a necessity for your business. It’s the current that keeps things moving. When cash flow becomes strained, hard days may lie ahead. For the longer term, cash flow management can help your business grow, compete successfully and increase its market share. No matter the industry, product, or goal, cash flow is essential. So, let’s explore all things related to cash flow and then outline tips to help manage cash flow during your slow time. First, what exactly is cash flow? Cash flow can be described as cash that comes into and out of your business in a particular period of time. Positive cash […]
“Investing in your Success”
Monthly Archives: June 2021
5 Mistakes to Avoid When Taking Over A Family Business
The family-owned business is the ultimate American dream for many. Yes, there are certainly tough times, but so much pride and a sense of accomplishment when successes are reached. However, there is no guarantee that your family-owned business will be successful and endure for the long haul. The often-quoted statistic about the family-owned business is that “90% of family businesses will not make it to the 3rd generation.” Spring-Green’s ongoing support and dedicated business consultants work with business owners to keep them from falling under that statistic. Whether you are the family member taking over your family’s business or an outside entrepreneur […]