robyn barrett Archives

5 ways businesses can increase revenue


Don’t confuse increasing sales with increasing revenue, while the two are related one does not guarantee the other. For most companies, the goal is to increase sales, but the real goal needs to be increasing revenue. The economic landscape during the last few years has made it more difficult for small business to get a… Read More →

ASU honors top ASU-bred entrepreneurs


Arizona State University has been gaining a nationwide reputation as a breeding ground for entrepreneurs. Accordingly, next week, the W. P. Carey School of Business at ASU is holding its first-ever Sun Devil Select event, to honor some of the country’s top ASU alum-owned and alum-run businesses. Seventeen firms from a variety of industries will… Read More →

Increase cash flow and bottom line in 2015

business practices

As 2014 comes to a close it is important to reevaluate your business model and consider the steps you need to take in the New Year to increase cash flow and boost your bottom line. Cash flow is crucial to a company’s survival. Having sufficient funds on hand will not only ensure that creditors, employees… Read More →

Avoiding a Cash Flow Crisis

Get more cash

Maximizing profits and growth while also maintaining adequate cash flow is one of the most difficult challenges a young business faces, but it’s also one of the most important. The old adage that “cash is king” has never been truer given today’s challenges for securing a funds or attracting investors. To utilize capital to spur… Read More →

Managing Deductions: Steps to increase revenue

Economic concepts

Unfortunately, it is common for customers to pay less than they owe, taking deductions off their bills or underpaying their invoices. For small businesses, this can create a significant loss in revenue and problems with cash flow. Some businesses have reported losing as much as 10 percent of their gross sales to deductions. Fortunately, companies… Read More →

How to establish trust with your bank

Coldwell Banker

According to a recent survey, financial services and banks were noted as the least-trusted industries in 2012.  Despite the fact that the financial crisis occurred five years ago, people are still concerned about the reliability of banks. The 2012 Edelman Trust Barometer had more than 30,000 online respondents, in which only 46% of U.S. respondents… Read More →

What Your Financial Statements Can Tell You About Your Company

financial statements

You don’t have to be a CPA or rocket scientist to decipher the information on financial statements. If you have been intimidated or reluctant to take the time to learn to read your company’s financial statements, now is a great time to learn. Below are a few quick and easy steps to untangle the web… Read More →

Factoring Programs: Good News For Young Entrepreneurs

Factoring Programs
by in Economy | Finance

The lecture hall was packed, but students weren’t listening to a lecture; they were listening to what could possibly be their only chance at entrepreneurship: factoring programs. It’s an old — and often misunderstood — strategy for young entrepreneurs whose capital and credit history aren’t as appealing to banks as they should be in order… Read More →