Tough Money

In: Business and Management

Submitted By Shadid
Words 604
Pages 3
Though money-market funds are very safe, their long-term returns are lower than those for bonds, and much lower than those for stocks. So they're best for older investors who are looking more for safety than for growth.

Technology can make it much easier to manage cash flow. Cloud-based accounting is the biggest time-saver for his business, allow business to work more effectively, free up time, and keep a better track of business cash flow. Provides with the flexibility where to view accounts, it removes the worrying hassle of backing up all that data. It helps viewing accounts on the move via laptop, tablet or mobile phone and keep up to date with financial situation.

Trade credit is the largest use of capital for a majority of business to business (B2B) sellers in the United States and is a critical source of capital for a majority of all businesses. For example, Wal-Mart, the largest retailer in the world, has used trade credit as a larger source of capital than bank borrowings; trade credit for Wal-Mart is 8 times the amount of capital invested by shareholders.

For many businesses, trade credit is an essential tool for financing growth. Trade credit is the credit extended to business by suppliers who let it buy now and pay later. Any time taking delivery of materials, equipment or other valuables without paying cash on the spot, business using trade credit. When you're first starting your business, however, suppliers most likely aren't going to offer you trade credit. They're going to want to make every order c.o.d. (cash or check on delivery) or paid by credit card in advance until you've established that you can pay your bills on time. While this is a fairly normal practice, you can still try and negotiate trade credit with suppliers. One of the things that will help you in these negotiations is a properly prepared financial plan.
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