Sometimes business owners don’t completely understand how money moves around in their business and traditional cash flow reports can be pretty confusing.
My approach is to look at the cash performance of a business to determine if or where improvement can be made. Normally this approach involves identifying expenses as essential or discretionary then setting payment priorities.
Most businesses can benefit from using a 13 week cash flow system. I completely believe in the value of this method.
My approach is to look at the cash performance of a business to determine if or where improvement can be made. Normally this approach involves identifying expenses as essential or discretionary then setting payment priorities.
Most businesses can benefit from using a 13 week cash flow system. I completely believe in the value of this method.
Case Study
A company is in an industry that uses expensive machinery constantly.
Not only is the machinery expensive to acquire, but it is expensive to repair. The company was having major cash flow problems largely because of the cost of major repairs. I helped them put together a preventive maintenance schedule which greatly reduced the large one-time repairs and allowed them to budget for regular less costly service. Sound like something that could work for you? Call me. |
Having issues with cash flow? Call me.