Effective Solutions for Small Businesses in Winston-Salem, NC
CASH FLOW MANAGEMENT
Cash flow refers to the movement of money flowing into and out of a business. Positive cash flow is when you bring in more money than you spend. It is what every business owner strives for because it enables you to pay your liabilities and invest in your business.
Conversely, if you are spending more money than you are bringing in, it is called negative cash flow. While there will be times when every business experiences temporary periods of negative cash flow, too many months of negative cash flow can - and will - cause a business to fail.
As tax and accounting professionals for small and medium-sized businesses, our expertise lies in helping business owners manage their cash flow better with the goal of increased profitability.
- Develop short and long-term cash projections
- Analyze prior years cash flow statements to help you understand where the money goes
- Prepare monthly, quarterly, and annual cash flow statements
- Provide you with tools to accelerate the collection process
- Develop updated billing and payment policies
- Assist with obtaining a line of credit
- Help you get the maximum rate of return on surplus cash
Avoid a Cash Crisis, Call Us First!
We're here to help you succeed
As your trusted financial advisor, our job is to help you and your business succeed. If you're ready to take your business to the next level, improve cash flow, increase the profitability of your company, and focus on growing your business, we are here for you.