Find it hard to follow a business plan. Hard to trust the numbers and use them in calculations going forward. Things seem to change dramatically from when we lay out a plan to the end of the year. We line...
We just got clobbered by a risky client who went under, taking our receivables with them. We’ve gone from having tons of money in the bank to being very thin. Since this was a sizable account, it’s going to be...
How to manage cash flow when cash is short. Cash is tight. Makes it hard to plan the next three to four months. We’ve been making money, so I don’t understand. And I’m worried about what comes next, in case...
To mitigate business risks, we know prices are going up. We have an insurance renewal coming up. On top of that, we’ve had a couple of claims, which we’re sure will hurt us. We need help and we’re looking for...
Dig business out of debt. I have no more money to put into the business. Over the years the business has been good to me. It has supported lots of families — mine, as well as my employees. Right now,...
We’re thinking about buying a building. We also want to invest in developing more sales. Unfortunately, we have limited funds to work with and we’re thinking this building could be a once-in-a-lifetime opportunity. How much do we need to buy...
We’re having trouble increasing profits. Invoices are up this year, but so is payroll and just about every other expense. If we can’t make money, what’s the point? Thoughts of the Day: Increasing profits need a plan in order to...
to buiI don’t want to save money and then spend the financial nest egg to get through our slow months. Every year it feels like we give back all our profits when it gets quiet. Help! THOUGHTS OF THE DAY:...
Office staff doesn’t know enough about our accounting practices. Or accounting in general for that matter. The accounting says they’re overwhelmed. If anyone in that department is out sick, they get behind. Space is limited in accounting. They’re dealing...