"If the economy is supposedly recovering, why does everything feel so sticky?" If this sounds familiar, you're not alone. It’s tough out there for many reasons. Cash flow is tight. Customers stretch out terms. Vendors press to get paid...
"When employees ask for raises, we have no idea if they are in line for them. Sales are turning up. People expect something. What should we do?" As a result of the recession we have gone a long way...
"We're in construction and cash flow is really stretched, making it so much harder to run the business and stay positive about what we're trying to accomplish. I'm tired of playing this game over and over, year after year."...
"I have recently used some of my business credit line. In the past I've heard you talk about the need for reserve funds. What do you suggest I do in terms of priorities - build up reserves vs. pay down...
Let's start out with where to look for problems. There are some areas of the financial picture that drive cash flow in every business. Then we'll look at how those areas act in combination - and why things get confusing...