We all know cash is king. Cash is also the number one reason companies go out of business. I’m always amazed by the number of business owners who don’t use a cash forecasting tool to manage their business. Unless you are one of the lucky businesses with plenty of cash in the bank, here are some simple steps you need to dive into managing your cash flow.
Scaling operations is a buzz word in today’s business world. Everyone we talk to has plans to grow and scale their business. Most executives and management teams don’t understand the hidden costs behind their planned business growth. It’s not as … Read More
Stop using your bank balance to to manage your company’s cash flow! Yes, I’m talking to you. Your bank balance is not a useful tool to help you manage cash flow. It only tells you how much money you currently … Read More
We are continually asked by small business owners, “When do I need to hire a bookkeeper?” Here are some tell-tale signs that it’s time to outsource your bookkeeping. 1. Your Books Are Behind Are you struggling to find the time … Read More
Let’s face it, I can give you 10 ways to improve your cash flow. However, then you would feel overwhelmed and and not know where to start. So instead, I’m going to simply give you 3 action steps you can … Read More