Tag: cash flow

Where’s My Cash?

Cash flow

“The income statement that my accountant gave me says that I am making a nice profit, but I never seem to be able to have enough cash.”  Does this sound familiar? If this concerns you in your business, you are not alone. Here are some common issues that may affect the cash flow of a business:… Read more »

A Penny at a Time

Penny

Many business owners have seen that inefficiencies develop during times when the company is focused on sales growth versus cost containment.  Expenses, and the containment of them, become secondary as long as the products/services are delivered to the Customer.  Often, the first reaction to cutting costs is to cut payroll.  That’s not always the best… Read more »

Working Capital: The Good, The Bad, and The Ugly

Boy Dressed As Blondie

Working capital is the excess of current assets over current liabilities and is a financial measure of liquidity or ability of a business to meet its obligations.  Current assets include cash, accounts receivable, inventory and other assets that are expected to be converted to cash within 12 months. Current liabilities include accounts payable and accrued expenses… Read more »

Seven Principles for Avoiding Bankruptcy

Bankruptcy Written On Chalkboard

Today, companies continue to face difficult times and, sometimes, difficult decisions. According to the American Bankruptcy Institute, more than 208,000 companies filed for bankruptcy between 2006 and 2010. The annual rate of bankruptcies nearly tripled during this time.   This number does not include businesses that have closed/ceased to exist or continue in business with some… Read more »

Fraud Checklist

Icon Of Clipboard With Checklist

Let’s face it – there are  too many instances of fraud in the workplace.  Many times after the fraud is exposed, the money is gone with no chance of getting it back.  Someone who steals usually isn’t someone who saves and invests. In the following list are suggestions that a business can do to protect… Read more »