As a small business owner, there’s no greater joy than watching your creation thrive. As you experience success, it’s only natural to think about growth, which is both exciting and intimidating. Starting a business is one thing but scaling up is quite another.

The following guidelines can help you to create a roadmap to grow your small business and set you on the path to success.

Cash flow is the lifeblood of your small business. You need cash coming in regularly to ensure that you can continue operations and pay your staff and bills on time. However, cash flow can be precarious when you’re running a small business and late customer payments or unforeseen costs can cause huge disruption. In addition, it’s normal to expect a temporary period of negative cash flow as you scale up since you have to spend before you reap the rewards.

So how can you maintain a healthy cash flow in spite of these trials and tribulations? It may sound daunting but it simply requires a little thought and common sense. Read on to discover how to keep your cash flowing. 

An excellent business credit score can accelerate the growth of your small business by making it easier to secure credit and attract investors. Furthermore, a great credit score reduces the cost of borrowing and can help you to secure more flexible terms from credit providers, thus protecting the financial health of your business and creating greater scope for investment.

So how do you build an excellent business credit score? There are steps you can take to put your business in the best possible position for borrowing in the future. Let’s dive in.

There’s so much to think about when running a small business and you can’t do it alone forever. For one thing, handling the financial side of your business is a full-time job in itself and you really can’t afford to take your foot off of the gas for any length of time. Without external help, it’s all too easy to lose control of your finances and this can prove disastrous.

Keeping a close eye on your company's financials is essential in planning a business strategy. Here are the crucial steps to do just that.

About 20% of businesses fail during their first year. So which traits should an entrepreneur have to become successful in a highly competitive environment?

Environmental awareness can contribute to your company, customers, and employees in a big way. Here are some of the vital benefits of going green.

From onboarding to productivity, standardisation improves many aspects of a business. Here's how every company can benefit from it.

Nothing good ever comes from burying your head in the sand, so it’s best to get well-acquainted with the red flags. Here are seven warning signs that your business is in danger.

Not sure why your bottom line isn’t pretty? Sometimes, overspending can hurt your profitability despite your record sales.

Your business needs a budget but when you’re starting out it can be tempting to skip this step. That would be a mistake, because a budget is a powerful tool to ensure the financial health of your small business. A realistic budget enables you to make confident financial decisions and save money for future investment and expansion. On top of this, your budget will prevent you from overspending and provide concrete goals against which you can measure your success. 

Keeping a close eye on your company's financials is essential in planning a business strategy. Here are the crucial steps to do just that.

It might be tempting to try and do the accounting yourself. But getting a team of experts could save you precious time and resources.

Every business owner needs money to get their startup off the ground. You can’t very well open a shop or restaurant without premises and equipment, and even the most capital light of companies need to pay staff and cover IT costs.

Financing your business allows you to start off on the right foot, but you need to be smart about it. It’s important to weigh up your options and make the right choice for your company.

Here are the best financing options to consider for your business. 

Why create the same invoices over and over again when you can automate the process? Check out the best practices in invoice automation.

Business owners know that time is money. So why spend a lot of time on repetitive tasks when you can automate them?

With the help of technology, you can automate invoicing, a necessary but time-consuming everyday task for many businesses that bill their customers. You can not only save time but perhaps even get your invoices paid sooner.

In that light, this article will explain the basics of invoice automation and its benefits.

Discover for yourself whether you’re tracking the three most important KPIs. And if not, learn how to start doing so.

The only way for a business owner to know if their company is meeting its goals is to define and track key performance indicators. However, the first part may be trickier than the second. 

How do you even come up with the right KPIs to track?

Are you planning a new business or thinking about pivoting an existing one? Spice up your business plan to start on the right foot.

Having a detailed business plan is critical to any venture.

It helps you understand your goals and keeps you focused on what to do. At the same time, it can help secure vital investments for growing your business.

Here’s an outline that may be of help if you need to create one for your business.

Starting your own business is an amazing thing to do but it’s also notoriously risky.

There’s a lot to think about when you first start out on your own and it can be tempting to put accounting on the back burner, but that would be a huge mistake.

Good accounting is crucial to the financial health of your business and mistakes can be devastating, especially in the early days. It’s important to know which mistakes to avoid to ensure that your small business is around for years to come.