Mind Your Business

Watch Your Wallet

One of the most crucial elements in any business is money—particularly, keeping track of it. If you can't manage incoming and outgoing cash flow, you'll be out of business in a flash.

"If you don't have a chargeback system to show checks and balances, explaining where your costs are, you're blowing in the wind," remarks Larry Ruhlman, manager of corporate printing at Intergraph, in Huntsville, Ala.