A small business might look for a business loan when it needs extra cash to grow, cover slow seasons, buy equipment, or grab a great opportunity. It’s also helpful for managing unexpected expenses, hiring staff, or consolidating debt—basically, whenever a little financial boost can keep things running smoothly. So, we started our business, put in […]
How do I get a business Loan? Read More »
I would say that nowadays most business owners understand and regularly review their Profit and Loss accounts. However, how many on a quarterly basis review their Balance Sheet, or even fully understand the data! So, what is a Balance Sheet? This is a snapshot of the financial position of a business. In a specific period,
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One of our goals at Tandem Business Solutions is to provide an updated and accurate P&L report to our clients 2 weeks after the month end, being fully updated to the previous month. This then provides our clients with a clear picture as to how their business is performing and in a timely manner to
The Profit and Loss Report- Part 2 Read More »
Unfortunately, this is a question we are being asked more and more lately! When it comes down to the nitty gritty it does not matter how much profit you make or how well you are doing, because without cashflow, there is no business! Cash is King! Cash flow is the financial heartbeat of a small
My business is running out of cash so what can I do? Read More »