We've got a cash crunch coming up. We have a big contract and they're not making payments. We have expenses that depend on this money being paid on time. Plus new work is coming in that needs our attention. Our...
As a small business owner, my gut says it’s time to hire new accountant. But I don’t know where to start. Our accountant has been totally focused on taxes. Think we should be working on more than that. Any...
Why is keeping up with finances so complicated? It should be more straightforward. Maybe we don’t have the right people; maybe things aren’t organized enough? I constantly struggle to know what’s coming in, what bills to pay, where we stand...
At the same time last year, we had more cash reserves saved up in the money market account. And I know that last year the line of credit was paid off, while this year we’ve got quite a bit...
We need to get overdue invoices paid. I usually think of open invoices as gas in the tank waiting to be put to use. Unfortunately our clients don’t seem to be paying their bills as fast as usual. It feels...
Last year we wanted to get annual net income down so we could avoid some taxes. Did it with leases; might have overdone it. Now we’re wishing we had more cash and net income to work with this year. How...
We’re hitting our numbers in terms of new sales, but we’re still off in overall revenue and profit forecast. We’re trying to figure out what’s working and what’s not working. Is it a mix? If the mix is OK, maybe...
Our company is facing a growth hurdle: We’ve never averaged the level of sales/day that we have an opportunity to do this year. Worrying if I’m trying to take on too much. Excited about the opportunity for growing revenue and...
We need to get a loan to tide us over as we start to ramp up to our busy season. All the banks have been calling us saying they want our business, and so far we’ve talked to a couple....