Posts by Gene Marks
When And How Fast Will The Economy Recover? Here Are Three Economic Metrics To Watch
The economy will recover from the pandemic. There’s no doubt about that. But there is a lot of doubt about when, and how fast. As cases continue to rise and shutdowns proliferate, there’s not a single economist who can accurately answer these questions—no matter how hard they try or how smart they are. And unfortunately,…
Read MorePlastiq Is A Critical Cash Flow Tool
I’ve been doing a lot of speaking—virtually of course—to industry groups made up of small- and medium-sized business owners over the past few months. And I’ve got a lot more scheduled throughout the next 12 months. Everyone wants to know about cash flow. Everyone wants advice. Can you blame them? The economy is in a…
Read MoreFour Technologies That Four Technology Experts Say Will Increase Your Cash Flow
Maybe you saw the discussion I had with John Horner, Ivan Mehta and Tom Berdan. If you didn’t you should watch it here. You’ll pick up some great advice about a few new—and not so new—technologies you should be using in your business. Why? Because our discussion was about cash management and cash flow, and…
Read MoreThis Is How Much Cash Your Business Really Needs
If there’s anything the recent economic downturn has taught us it’s that maintaining a healthy cash balance is critical for the survival of any business. But how much cash does your business really need? Brace yourself, because you might not like the answer. That’s because the answer is not easy. Your business needs to have…
Read MorePay Early, And Five Other Ways To Make Your Suppliers Love You
When you get an emergency call from a customer who needs something right away do you jump to it? Let me add a little twist: let’s suppose that the customer is kind of high maintenance. You know the kind: one who’s difficult, who complains, who nickels and dimes, who isn’t loyal…or isn’t even very nice.¬†…
Read MoreThe Biggest Error Small Businesses Make About Credit Card Fees
It amazes me how, in 2020, so many small business owners don’t take advantage of credit cards, despite the fact that most people I know don’t carry much cash anymore or that – according to many surveys like this one – most consumers prefer to pay with a credit card. Some business owners just stick…
Read MoreGetting Cash NOW From The Federal Government
Many businesses are struggling to navigate their way through the current Coronavirus pandemic. Some have been forced to shut down. Others are still in operation but have had to send their employees home. Most have seen orders drop off, revenues decline and profits disappear. We all know that the pandemic isn’t going to last forever.…
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