Yasser Naal’s Post

In The News Read some of the latest information on business finance and citations of Avanza in your favorite publications here: https://lnkd.in/eVJsugZg

Running a business can be a rollercoaster ride, especially when it comes to managing finances. I recently came across an insightful article by FSB Business Banking Partner interlude "How to manage the stress of running a small business". One of these stresses small business owners face, is identifying and managing financial practicalities and cashflow resources that keep the day to day operations going. Identifying warning signs early is key to avoid cash flow issues, late payments, and a business reliance on credit. It's reassuring to know resources are available to address these challenges, should the need arise. Whether through credit freezing or seeking advice from organisations like Citizens Advice Bureau and StepChange. As a small business funding partner, we provide asset finance, invoice factoring and lease finance services that support small business owners who we work with to proactively manage these businesses cashflow and financial matters for businesses of all sizes. Whether it's unlocking liquidity through asset-based lending or streamlining receivables through invoice factoring, we're committed to helping small businesses thrive even in the face of financial challenges. Stress may be inevitable, but with the right tools and support, you can navigate your business finances with confidence. If you're facing financial stress in your business, don't hesitate or wait reach out now and together, let's us work with you to pave the way for your business financial stability and growth. #FinanceManagement #SmallBusiness #Entrepreneurship #AssetFinance #InvoiceFactoring #GevanderTradeFinance

In The News Read some of the latest information on business finance and citations of Avanza in your favorite publications here: https://lnkd.in/eVJsugZg

Struggling with tight profit margins? The good news is that growing your business doesn’t always mean growing your expenses.  Check out "5 Easy Steps to Boost Your Profits Without Breaking the Bank" ... https://lnkd.in/ggsSnBxp. #BusinessGrowth #ProfitMargins

Why a Line of Credit Matters? A line of credit can be a game-changer for business owners, enhancing financial stability and growth potential significantly. - **Flexible Financing:** Borrow up to a limit, repay, and borrow again as needed. This flexibility helps manage cash flow, cover unexpected expenses, and seize opportunities. - **Smooth Cash Flow Management:** Maintain smooth operations by having funds available during tight cash flow periods, ensuring bills, salaries, and expenses are paid on time. - **Seizing Opportunities:** Act quickly on growth opportunities, such as purchasing inventory at a discount or investing in new equipment. - **Building Credit:** Using a line of credit responsibly can improve your business credit score, making future financing easier and with better terms. - **Cost-Effective Borrowing:** With generally lower interest rates than credit cards and short-term loans, lines of credit offer a more economical borrowing option. - **Emergency Fund:** Provides a financial safety net for emergencies or unexpected expenses, ensuring business stability. How to Secure a Line of Credit To secure a line of credit successfully, business owners must: - Maintain Good Books: Ensure accurate, up-to-date financial records, including income statements, balance sheets, and cash flow statements. - Consult Experts: Seek guidance from a CFO or business consultant to review financial records and provide necessary guidance. - Prepare Thoroughly: Work with financial experts to prepare a comprehensive business plan and financial documentation to boost approval chances. - Build Relationships: Establish a rapport with your banker for valuable insights on improving financial position and increasing credit approval odds. A line of credit is a valuable tool for managing cash flow, seizing opportunities, and ensuring business stability. Accurate financial records and advice from financial experts like a CFO or consultant are key to securing one. #BusinessFinance #LineOfCredit #FinancialStability #BusinessGrowth #CashFlowManagement #FlexibleFinancing #OpportunitySeizing #CreditBuilding #CostEffectiveBorrowing #EmergencyFund #FinancialPlanning #BusinessConsulting #CFOAdvice #BusinessTips #Entrepreneurship #SmallBusiness #FinancialHealth #BankingRelationships #BusinessSuccess #FinancialStrategy

In The News Read some of the latest information on business finance and citations of Avanza in your favorite publications here: https://lnkd.in/eVJsugZg

You wouldn't buy a vehicle with a credit card ↳ or use one to buy a business. There's a common problem I see with less experienced financial pros... And that's getting the wrong credit facility for the need. What I mean by that is... say you're a business owner, who is growing, and you get a line of credit to invest in your business. Lines of credit are tools that are used to fund short-term working capital needs. This means that within one total year cycle, you should be able to bring that to zero. Why? Because it helped fund your A/Rs or your inventory. The assets that are liquidated to generate sales. As I said, you wouldn't buy a car with a credit card. Same thing for a business. You wouldn't get a business line of credit to buy long-term assets. So what ends up happening is that you go to a bank and the young chap behind the desk may say: "Look, let's just get you in on credit. It'll be a quick 30 minutes." And... Before you know it they've now put you into the wrong program. Because if you bought a fixed asset, you're not gonna be able to pay back that line of credit within one year. What ends up happening is later on down the road, once you need additional capital or the bank reviews your financials, which normally they do annually Now you're unable to resolve that and ultimately make sure business continues to grow. In an experience like this, it will come back to bite you. Have you ever seen this happen? ____________ Are you a business owner that's looking for solutions to problems just like this? Shoot me a DM with the phrase 'financial pro.' #finance #assets #investing #credit

Did you know that nearly 82% of small businesses fail due to poor cash flow management? It's a staggering statistic highlighting the critical importance of maintaining financial health in your business. ➡️ But how can you ensure your company thrives, especially when preparing for a loan application? You must begin by crafting a clear business plan, which will serve as the foundation for your loan application. A well-defined roadmap guides your business and instills confidence in lenders. To support this, ensure your financial documents are organized and up-to-date; these records demonstrate your professionalism and preparedness. Moreover, paying all your bills on time and having a consistent payment history is crucial to maintaining a solid credit score. Keep your credit utilization below 30% to prevent any red flags that might concern lenders. Each step reinforces the others, helping you build and maintain a robust credit profile. In a world where financial health is synonymous with business success, these steps are your roadmap to stability and growth. Take control of your finances today, and your business will be well-positioned for a prosperous future. ✅ Need funding to supercharge your business? IBA Business Solutions offers financial packages up to $10 million without personal collateral. High approval rates. Fast funding. Let's grow your business together. #businessfinance #cashflowmanagement #creditscore #loanapplication #IBALoans

Understanding Cash Flow and Its Importance Many people confuse profitability with cash flow, but they are not the same thing! While profit reflects what’s left after all expenses are paid, cash flow refers to the actual movement of money in and out of a business 💵. It’s the real-time indicator of a company's liquidity and financial health. Cash flow is divided into three main categories: 1. 📥 Operating Cash Flow: Cash generated from a company’s core business operations. It shows how well a business can generate cash to maintain and grow its operations without needing external financing. 2. 💼 Investing Cash Flow: Cash spent on or received from investments like buying equipment or selling assets. It’s key for long-term growth, but excessive outflow here can strain liquidity. 3. 💳 Financing Cash Flow: Cash moving in and out from borrowing, repaying loans, issuing shares, or paying dividends. These activities shape a company’s long-term financial structure. Why is Cash Flow So Important? 1. 💡 Business Survival: Even profitable companies can face financial challenges without good cash flow management. Lack of cash can mean delayed payments, halted operations, or even business failure. 2. 📈 Flexibility: Strong cash flow gives businesses the flexibility to pursue opportunities like expanding operations, investing in new technologies, or entering new markets without needing to rely on external loans or investors. 3. 💼 Avoiding Debt: Businesses with a strong cash flow can minimize their reliance on debt. With enough cash on hand, companies can reduce borrowing, thus lowering interest costs and the risk of financial distress. 4. 📊 Strategic Decision-Making: Cash flow provides a clear picture of your financial standing, helping companies make smart decisions about when to grow, reduce expenses, or seek financing. 5. 🤝 Improved Creditworthiness: Lenders look favorably on businesses with a strong cash flow. It boosts your chances of securing loans or credit lines when needed, without being overly reliant on them. At its core, cash flow is the lifeblood of any business. It’s not just about making money, but having the right amount of cash at the right time to cover obligations and fund growth. Profit shows potential, but cash flow shows stability and sustainability. How does your business manage cash flow to ensure long-term success and flexibility? Let’s discuss below! #CashFlow #BusinessSuccess #Finance #Accounting #FinancialHealth

Strategic planning around your company's cash flow protocols is crucial for defining future needs that drive expansion. At First Citizens Bank, we are always thrilled to be included in those discussions. #StrategicPlanning #CashFlow #Expansion #FirstCitizensBank