How to Create A Cash Flow Forecast – Part 2 Of all the metrics, ratios and reports you need to manage your business, watching cash […]
Category Archives: Banking
Banking, CARES 2020 Economic Stimulus Package, Paycheck Protection Program
When Will My Bank Forgive My PPP Loan?
13
Aug
Aug
When Will My Bank Forgive My PPP Loan? You did what you thought was best in April and took out a Paycheck Protection Program (PPP) […]
05
Jun
Jun
The PPP loan program was the government response to pending massive unemployment. The Paycheck Protection Program (PPP) was signed into law March 27th, 2020, by […]
13
Mar
Mar
Why Does My Cash Not Match My Income Statement? In the prior post on forecasting cash flow, we addressed the inherent challenges with budgeting, namely […]
21
Feb
Feb
Owning a business is the quintessential American Dream. Pulling up your bootstraps and making the dream a reality is one of the highest cultural goals […]
24
Jan
Jan
New year, new you. The changing of the calendar from 2019 to 2020 brings amazing changes, right? The gyms are full of people who have […]
06
Jun
Jun
Your business is growing quickly and you are approaching the next step on the growth stairway. This step includes the risk of taking on more debt […]
28
Mar
Mar
The financial media are in a tizzy. The latest predictors are showing the US economy may be headed for a recession. After ten long years of economic expansion it looks like the party is coming to an end. As a business owner, this impacts you in a very real way. As a leader whose job it is to care for those who work for you, the thought of a reduction in work and the potential of layoffs is miserable. Considering you know the names of the family members rely […]
11
Sep
Sep
If you could dedicate yourself to one cause what would it be? Where would you go and who would you serve if you had the opportunity? When we were in our early twenties my wife and I talked about this often. Through a series of events over multiple years, we moved in September 2006 to Peru South America to spend the next four years there with a Christian development organization. We lived in the Amazon city of Pucallpa, Peru for most of that time. Throug […]
12
Sep
Sep
The cooler weather, the start of football, it can only mean one thing: budget season! Yes, it is very near the time of year when the accountants prepare their crystal balls about the expected sales and expenses for the next calendar year. As you have heard a thousand times, “Cash is King”. The absence of cash is blamed for the premature death of many great business ideas. However, many budgets simply compare expected revenue for the year by a line item near […]
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