Category Archives: Maximize Cash Flow

5 Steps to Building a Solid Cash Flow Forecast

I was floored when I learned that 82% of business failures are due to poor cash flow management. That is a staggering number and it made me wonder why more business owners don’t get help. Maybe their bookkeeper doesn’t know how to manage their cash. Maybe they don’t know where to start. Or maybe they…
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5 Ways to Maximize Cash Flow: Part 4: Examine Your Spending to Increase Your Savings

Essential to keeping any business not just afloat but healthy for the long term is the ability to generate and maintain positive cash flow—an indicator of a company’s overall financial stability and performance. It takes a combination of sound financial planning, savvy resource allocation, and perceptive financial analysis to measure the movement of money into…
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5 Ways to Maximize Cash Flow – Part 1: Receivables Process Improvement

This is Part 1 of 5 posts on how to get the most cash flow out of your business. The focus of Part 1 is Receivables Process Improvement. Collecting money owed to you by customers takes time, determination, and effort. Some companies have too much faith in their customers and are optimistic about getting paid without proper paperwork. Others…
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5 Ways to Maximize Cash Flow – Part 3: Inventory Management

This is Part 3 of 5 posts on how to get the most cash flow out of your business. The focus of Part 3 is Inventory Management. Anytime you make a purchase, you are tying down your cash. The key is to manage how long that cash is tied down for. For example, inventory purchases…
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