It’s AJOY Blog

EST. 2009

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Low on Cash? This is Normal at Every Stage of Business

It might be tempting to think that only startups experience cash problems. After all, they’re just starting out, and it’s expected that they’re still figuring out how to generate enough sales to cover all their expenses. But what about as your company moves beyond the startup phase? You might wonder if it’s normal or not for it to continue encountering cash issues.

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The Profit First Methodology is People-Driven – NOT Greed-Driven

Society teaches us that wanting lots of money is bad. Think of old Ebenezer Scrooge in Charles Dickens’s A Christmas Carol, for example. He certainly isn’t viewed favorably as he greedily counts and hoards all of his riches, refusing to help those less fortunate than him. Indeed, being a miser at the expense of others is not at all good. But ensuring that your business is profitable so you can consistently pay your employees what they’re worth? This is what the Profit First methodology is all about – creating sustainable businesses that put their people first.

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How to Succeed Better

There are lots of small business owners out there who have reached a certain level of success. We can point to them as examples and say that they are clearly operating successful businesses. And that success can be defined in many different ways. Perhaps they’re making a ton in revenue, they’re simply happy, or their team is strong and capable. The meaning of success is naturally open to interpretation.

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8 Sources of SMB Financial Stress (+ How to Combat It)

Everyone gets stressed, no matter who they are or what type of job they have. Small business owners, however, share many of the same stressors. The good news is if you can identify the sources of your stress, you can alleviate and ideally eliminate it – stopping the stress right in its tracks. So if you’re losing sleep, money, or even friends because you’re so high-strung and anxious all the time, keep reading for more information about the eight most common sources of SMB stress and learn how to get it under control.

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Information presented here should not be construed as legal, tax, or accounting advice. No one should act on such information without retaining appropriate professional advice based on a thorough examination of the particular situation.