As a business owner, any improvements you make in Cash Flow Management are going to be based on three factors – Accounts Receivable, Accounts Payable or Inventory. Family owned small businesses are more affected by changes in cash flow than larger organizations, because of a smaller cash cushion. Cash Flow Forecasting done by an in-house CFO or CFO for hire will take into account these factors.
What are the ways that you can better manage your Inventory to improve Cash Flow? If you sell or make products, inventory is a major asset and use of cash for your company. Here are five ways you can manage your inventory differently and increase the available cash in your business.
There are many factors affecting Cash Flow in a business. The plan you use to manage your inventory can have a dramatic effect on how much money you have available for other things.
This is a frequently heard refrain when you’re talking about working out at a gym, but it applies to business
Companies establish credit policies for good reasons. Unless you are doing credit card sales (and there’s even some risk there) you are sending
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