We have cash flow problems. Don't ever seem to have enough cash reserves to get through life's big and little bumps. Know we need to figure that out better. I don't want to keep putting my personal funds in whenever...
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...
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...
I am so wrapped up in the day-to-day activities of my business that I don’t get around to working on the big picture. We're not seeing the forest through the trees. How much of a problem is this, really? After...
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...
I don’t know how to manage the workforce in the slow months. Trying to hang on to when we’re slow has left us stretched for cash. Now we're going into the next busy cycle. But it’s getting harder to...
Ask Andi: I don’t understand our balance sheet. What does it show about our company? What doesn't show? How do we analyze it? Thoughts of the Day: The balance sheet explains how the company uses cash now and in the...