Category Archives: Cash Management

Cash Flow, Cash Management, Economics, Practice Management

The One Thing Every Business Must Do

Posted on by Paul McCann
22
Nov

Only one? What could be so important that every single business needs to do this one…thing?Let’s narrow this down a bit.This includes not only all for-profit enterprises but also all non-profits too (but not governments, they’re exempt). Sole-proprietors, Fortune 500 companies, mom and pop businesses and everyone in between.Well meaning, great non-profits that provide wonderful services to people all over the world as well as the ones in your community. Religio […]

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Banking, Cash Flow, Cash Management

3 Steps to Tracking the Lifeblood of Your Business

Posted on by Paul McCann
12
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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Cash Flow, Cash Management, Growth

Don’t Trash Your Cash

Posted on by Paul McCann
24
May

If you’re an investor, a small business owner or a finance executive you’ve probably heard the phrase, “Cash is Trash.”  Since the Federal Reserve went on its stimulus rampage after the beginning of the great recession almost eight years ago leading to QE1, QE2 and other variations of monetary stimulus it has encouraged the interest rates to lower to zero and negative in some cases. The savers of the world are bemoaning this policy as their cash […]

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Banking, Cash Flow, Cash Management, Growth, Loans

3 Ratios Your Banker is Watching in Your Business

Posted on by Paul McCann
14
Jan

Running a privately held business is adventurous, exciting and risky. It is fun to be an entrepreneur and to interact with a diverse group of advisers and associates as you conduct business. If you are among the many businesses utilizing bank financing, one of these individuals needs to be a sharp commercial lender.Commercial lenders, also called Business Bankers, deal specifically with the business men and women using their hard earned capital to make investments for the future. By lendi […]

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