Tips for Preventing a Cash Flow Storm

viewing cash flow projections
I feel very blessed to call this beautiful eight-month-old my granddaughter. I treasure time spent with family, and that makes me even more passionate about what I do. Now you might ask, what does cash flow management have to do with family? Everything! Having well-managed cash flowRead more

Profit & Loss | The Business Report Card

How often do you look at your Profit & Loss (P&L) report? Weekly? Monthly? Do you leave it up to your bookkeeper or CPA? As a business owner, you need to know what your financial story is, and you should look at your P&L bi-monthly. First, at theRead more

2018 New Year’s Resolution | Cash Flow Success

2018 calendar

Happy New Year! It’s not uncommon for business owners to avoid what they don’t understand, have fear around, or they just don’t like doing “it.”  Managing cash flow tends to be one of those “it” things I run into with many of my clients.  What if this year

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Are Your Cash Flow Requirements Ready for 1st Quarter 2018?

There is no reason business owners should be surprised with how much they will need to pay in taxes in 2018 for 2017. Do you know approximately what your tax liabilities will be and how this will affect your 1st quarter in 2018? Now is the time to ask your CPA to project/calculate your 2017 tax liabilities. Remember, your Net Profits (or Losses) flow through to your personal tax return. Also, ask your CPA if any portion of your liabilities have to be paid in January to avoid any penalties. Or can you just pay when you file your tax return in April?

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