Cash Flow Management

Many businesses fail because of poor cash flow management. Cash flow refers to the movement of money flowing into and out of a business. Positive cash flow occurs when you bring in more money than you spend, enabling you to pay liabilities and invest in your business. Conversely, negative cash flow—spending more than you earn—can lead to business failure if sustained over time.

About the role

As tax and accounting professionals for small and medium-sized businesses, we help business owners manage their cash flow to increase profitability.

Responsibilities

• Develop short and long-term cash projections
• Analyze prior years' cash flow statements to identify spending patterns
• Prepare monthly, quarterly, and annual cash flow statements
• Provide tools to accelerate the collection process
• Develop updated billing and payment policies
• Assist with obtaining a line of credit
• Help maximize the rate of return on surplus cash

If your business operates in cash crisis mode, contact us for support.