Cash Flow Management

Cash is the fuel that keeps the engine of your business running, so it’s critical for business owners to have a good handle on their cash flow.

You should be tracking cash flow - the movement of funds in and out of your business - weekly, monthly, or quarterly. Profit is not the same as cash flow. You can't just look at your profit and loss statement (P&L) and understand your cash flow. Many other numbers factor into your cash flow, including accounts receivable, inventory, accounts payable, capital expenditures, and debt service.

After we look carefully at your financials, we can see if you have positive or negative cash flow and what patterns occur over time. Gaining this understanding helps you make informed business decisions that may be important to your success.

Poor cash flow management is a leading cause of business failure. Your business must be structured to have a positive cash flow if you want your business to grow and increase profits. Even if you are profitable on paper, firms that don’t exercise good cash management can run into obstacles such as the inability to make necessary investments to compete and paying more to borrow money.

Achieving a positive cash flow does not come by chance - it requires work. We have helped many small and medium sized businesses grow and become more stable through smarter cash flow management. After analyzing your situation, we can help you manage your cash flow to more effectively control the inflows and outflows.

Contact our office today to sit down with an experienced accountant.

Is SuccessTrack Right for Your Business?

  • Would you like to know exactly how you are performing compared to your peers?
  • Would you like to feel more in control of your business?
  • Would you like to have a system that identifies small issues before they become big problems?
  • Would you like to help resolving the business issues that keep you up at night?
  • Woukd you like to avoid unpleasant tax and billing surprises?

If your answer is yes to any of the above questions, contact us to discuss our SuccessTrack services. We have helped hundreds of business owners and understand the challengres you face.

With our support, you are more likely to succeed.