Oct 15 2012
Do you have the right amount of cash, at the right time in the right place to meet your (cash) obligations? Cash flow forecasting is a company issue not just a treasury or accounting function. There’s a simple exercise you can do that will help you see your whole cash picture. Write down what [...]
Oct 2 2012
There is one thing you can be sure of every cash flow forecast – it is most likely going to need revisions! Hey, stuff happens. For example, you may experience production delays or weather-related shipping issues. Perhaps your biggest client is delaying payment. Write a list for your own business of the contingencies and [...]
Aug 6 2012
The title of this post may sound counter-intuitive. How can I improve my business’ cash flow by making payments? Shouldn’t it be the reverse? My cash flow improves when I don’t make payments. But if you choose not to make payments when your vendors and employees expect them, you probably won’t be in business very long. By using [...]
May 29 2012
In a small business, cash is king. You can be a very profitable company and still get choked by a lack of funds. When money is tight, your first thought is probably to get a small business loan or line of credit. While borrowing is an obvious choice, there are a few other often overlooked [...]