Cash Flow And Payroll

Ok, you’ve got enough cash to pay your employees, your bills and yourself this month. Now you can take a deep breath and relax. Ok, break is over. Time to start worrying about next month. If this sounds all too familiar, you may be on the cash flow rollercoaster?

Like it or not, cash flow is the lifeblood of any successful business, so it makes sense why having enough of it is the #1 stressor for small business owners. Too often you hear about companies that show good profits and yet still fail. Why? Because they encounter serious cash flow issues that strangle their business growth.

In addition to being the lifeblood of the business, cash flow is also one of the most important elements used to assess the value of a business. Bankers, investors and prospective buyers are interested in how much cash the business is generating today and how much it can consistently produce over a certain amount of time. This is why it’s imperative that you get off the cash flow rollercoaster.

To get off the cash flow rollercoaster, you have to understand the fundamentals behind how cash comes in and out of your business. Since there are many variables that affect cash flow beyond your collection and payment practice, we encourage all our clients to adopt our Holistic Cash Flow Management approach.

As a part of our Holistic Cash Flow Management process, we will review each of these seven areas to better understand the impact they are having on your business. After review, we will work together to develop a custom cash flow improvement plan.

There are seven main areas in your business that can affect cash flow and offer you opportunities for improving it:

  1. Sales and Credit Terms
  2. Costs, Expenses and Systems
  3. Credit Management Process and Practices
  4. Purchasing Practices
  5. Inventory Management
  6. Investment and Capital Expenditures
  7. Financing and Options

Get Off The Cash Flow Roller Coaster. Our Coaching Helps You:

  • Know your Cash gap.
  • Develop a Cash flow forecast..
  • Set up a Cash flow review process.
  • Develop a Cash flow improvement plan.

Cash flow reporting and management is a critical best practice in every business. Our business coaching system is proven to work and we look forward to partnering with you to make sure your cash flow issues get resolved. Get rid of your frustration and uncertainty. Get on the path to growing your business the right way.

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(714) 920-6211

(714) 920-6211