If yours is like most companies, you typically prepare annual budgets, or profit plans, for the accounting year. But with short term changes in the business climate still a reality of our future, it’s difficult to project for an entire year. Your profit plan also needs to consider the near term.
Successful cash flow forecasting requires that you understand how cash flows through your business and that profit is not the…
As a year like none other draws to a close and we enter a new year with hope for brighter days and more “normalcy,” I’d like to offer you three gifts to help you get and keep your business on track and aligned for growth.
If you’re not receiving a Statement of Cash Flows from your accountant, it’s time to ask.
You can run a business at a loss, but not without cash – it’s the lifeblood of any business.
As our business environment continues to evolve it’s more important than ever to know your numbers. With the necessity to…
Cash is the fuel for your business. Without it, you can’t keep moving forward and continue to operate. That’s why cash flow forecasting is by far the most important cash management tool for business.
Does it often seem as though there is never enough cash in your growing business? If so, you’re not alone.…
Profitability is affected by a variety of factors, not all of which are strictly financial. I call these factors the “Five…
Profitability is affected by a variety of factors, not all of which are strictly financial. I call these factors the “Five…
