Follow the Money
Debra shares quick how-tos so you can follow the money and improve your cash flow management on the road to financial control.
― David Starr Jordan
Who’s Managing the Life Blood of Your Business?
Did you know the #1 Dirty Little Secret About Cash Flow is: “It’s not about the next 30 days, that money is already in play. You need to look 90 to 120 days from now to know if you are going to have good cash flow!”
Do You Have More Month at the End of Your Money?
Determining the right amount of cash to have on hand each month can be a challenge for many businesses. To help my clients avoid running out of money, I suggest two simple goals: your cash balance at the start of each month should be either 3 months of your total payroll cost or 1 month of your total cash outlay, including your balance sheet.
The 1, 2, 3 of Cash Flow Basics
Let's go back to the early years of your business. How in control were you?I have learned that all my clients began their...
New Year with New Cash Flow Solutions
Happy New Year! In 2023, it is time to discover the pattern of cash flow that works for your business. A little change could...
Your Bookkeeping: Is it good or not so good?
As a CFO, I can tell you that the most vulnerable area in the financial arena is bookkeeping. In my cash flow arena, I refer to...
Where is your Company positioned in the Cash Flow Arena?
Understanding how to manage cash flow takes more than just reading a profit and loss. It is not uncommon for a company to show a...
The Government money has arrived! Now What?
The COVID-19 stimulus bill, signed this March, sent much needed relief payments to tens of millions of Americans. Now that the...
Follow the Money – Subject Matter Experts
Your CPA is trying to minimize net income and reduce tax liability, but your CFO is trying to increase net income to meet future...
Follow the Money to Your P&L Statement
Showing a profit on your income statement? Books up-to-date? Yet, your bank balances are low? Worried about making payroll? or...
The Role of Your Bookkeeper
Most business owners think of their CPA as a go to expert for financial reporting, when in fact they should be going to their...
I Hope You Weren’t an April Fool This Tax Season!
I hope you weren't an April Fool and were caught by surprise at how much you owed on your tax filing this year. Watch my video...
Follow the Money to your Balance Sheet
Most business owners are familiar with their P&L and income statements, but what do you know about your balance sheet? Watch...