Understanding the thought chain of handling an emergency cash shortage
Posted 14 April by Blaine Bertsch in Budget, Cash Flow, Entrepreneur, Small Business

The thought of going through an emergency cash shortage is at best, terrifying. Especially since for many businesses, if happened not so long ago due to the COVID crisis.  While businesses focused on protecting their employees as best they could, the underlying damage to the economy became stronger with every passing day. But one thing […]

Your website says “Cash Management” but you don’t offer it – really..
Posted 31 March by Jeremy Burke in Accounting, Advisory, Cash Flow, Tools and Resources

Cash management involves the collection and management of cash flows. Like many aspects of life, it is important to both individuals and businesses. It is a key to a company’s financial stability. In addition to being a valuable component of a total wealth portfolio, cash is also indispensable for financial stability for individuals. However, many […]

Dare To Try – Do It Now!
Posted 31 March by Jay Owen in Advisory, Cash Flow, Entrepreneur, Small Business, Tools and Resources

Becoming an Advisor is a risk that is worth the effort. Some risks are worth the effort. Becoming an Advisor is one of those risks.  Now more than ever before, businesses need the support of advisors. With the economy falling apart and not recovering fast enough it is sound business advice to evolve your business […]

How to build and maintain a business cash reserve
Posted 16 March by Barb Easter in Accounting, Bookkeeping, Cash Flow

Cash reserves or “rainy day funds” aren’t just something your mom tells you to keep as a safety precaution, they’re a very real strategy that many businesses neglect to employ… often to their own demise.  A rainy-day fund prepares you for any risks you need to incur during a “slow season” or unforeseen circumstances, allowing […]

How to shorten a cash flow cycle
Posted 16 March by Blaine Bertsch in Accounting, Bookkeeping, Cash Flow, Entrepreneur, Small Business

Methods and practical ways to shorten prolonged cash flow issues. In a turbulent and unreliable economy, cash can make or break your business much quicker than you may anticipate. Between waiting for invoices to be paid or not having enough cash to purchase inventory, whatever the issue, there is likely a reasonable solution out there… […]

Focus on cash management, not profits
Posted 12 February by Barb Easter in Accounting, Bookkeeping, Budget, Cash Flow

While profits are certainly nice and ultimately, are what you’ll be able to reinvest back into the business to help grow, they shouldn’t be your first priority when trying to gauge how your business is performing.  Emphasizing on profits alone will present an inaccurate picture of how your business is actually performing. Your accountant wouldn’t […]