Category: Cash

Budget Your Way to Success

A Budget can take a lot of thought, time and effort to put together, but it’s importance for small to mid-sized businesses cannot be under estimated.  A budget is a tool to help you accomplish many things and help you take control of your finances.  Many times, lenders will require an annual budget from their… Read more »

The Cash Flow Statement

What is the Cash Flow Statement? The cash flow statement is one of the “go to” documents showing a company’s health of operations. In a nutshell, it shows if a company is gaining cash, losing cash, and where their cash going.  It is the reconciliation of net profit and the net profit’s effect on the… Read more »

Is Your Business Like A Frog?

Do you know how to boil a frog? Seems like a silly question, but the answer in illuminating. If you boil a pot of water, then throw a live frog into the water, the frog will jump out. Although a bit scalded he’ll live to jump another day. But if you want to boil the… Read more »