Why Are You Lending Your Client Money? Businesses that fail to monitor their key performance indicator (KPI) of Days Sales Outstanding (DSO) can face catastrophic […]
Tag Archives: Cash Management
08
May
May
How to Create A Cash Flow Forecast – Part 1 The financial statements alone do not tell you what you need to know to run […]
CARES 2020 Economic Stimulus Package, Cash Flow, Cash Management, Economics
Swallow the Bitter Pill – Ask for Help
03
Apr
Apr
Swallow the Bitter Pill – Ask for Help You know the news and have seen the headlines. Not since 9/11 have I seen our nation […]
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 […]
27
Sep
Sep
If you’re relying on your bank statement to know if your company is profitable you will be sorely disappointed. Profitability has a strange relationship with […]
10
May
May
If you’re going to stay in business you’re going to hear many quotes about cash. Two of the most popular quotes are: “Revenue is vanity, […]
Cash Flow, Cash Management, Distributions, Practice Management
Can I Deduct Business Expenses Made With My Personal Rewards Card?
26
Nov
Nov
It has taken you years to progress through the rewards channel. When you remember the flights before preferred seating, being the last passenger to be called onto the packed airplane you shutter in horror of returning to that level of incivility. The overhead storage was packed leaving no option but to gate check your bag or worse, have it thrown in with all the other luggage to be lost upon arriving at your final destination. (And you know what its like to go without a […]
24
May
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 […]
Banking, Cash Flow, Cash Management, Growth, Loans
3 Ratios Your Banker is Watching in Your Business
14
Jan
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 […]