As a small business owner in Howell, Michigan, it's important to keep a close eye on your cash flow. Without it, you won't be able to pay your employees or suppliers, and your business will quickly grind to a halt. Fortunately, there are a number of things you can do to keep your cash flow healthy. In this article, we'll share six tips that every small business owner in Howell should follow to maintain a healthy cash flow. So let's get started!1. Pay Attention to Your Financial Records One of the most
The last few years have seen a lot of challenges for smaller businesses. While the construction industry in the United States is expected to grow over the course of the next year, history tells us the industry is not immune to the effects of a financial crisis. After all, the industry did not recover to its 2008 peaks until 2020. So, it's important for construction contractors to plan ahead and protect themselves from financial downturns.Cash Reserves Are More Important than Ever According to Sir Richard