by Jenn | Jan 24, 2024 | Cash Flow Management
Cash flow forecasting is the process of estimating the amount of cash that will be coming in and going out of a business over a specific period, such as a month, quarter, year, or even multiple years. Cash flow forecasting involves analyzing past cash flow data,...
by Jenn | Nov 27, 2023 | Cash Flow Management
“Making more money will not solve your problems if cash flow management is your problem.” – Robert Kiyosaki. Whether your business is importing, distributing, manufacturing or in the services sector, cash flow is the lifeblood of your company. It’s what keeps...
by Jenn | Nov 6, 2023 | General Business
In a world where criticism often overshadows praise, our client’s recent LinkedIn post shed light on a concerning statistic: 88% of the workforce feels unappreciated. Their unique twist? Instead of blaming society, they turned introspective, saying, “We...
by Jenn Newbery | Oct 30, 2023 | General Business
Competing on price is a race to the bottom–a game you don’t want to play. Charging higher prices ensures you: Don’t have to compromise on quality Give your customers a great experience Enjoy your work Only hire the best Stay in business Here are three...
by Jenn Newbery | Oct 10, 2023 | Bookkeeping, Cash Flow Management, General Business
The end of the year is a busy time. Prepping for the holidays, making time for family, and planning our workload in hopes of a few days off over the holidays. As a small business owner, your list is even longer with financial statements, taxes, employee incentives,...
by Jenn | Oct 10, 2023 | Bookkeeping, General Business
Streamlining is the process used to simplify or eliminate unnecessary tasks to improve the efficiency of operations in business. Taking the time to streamline your operations will result in: Fewer errors and delays Reduce costs Reduce hours spent on administrative...
by Jenn | Aug 16, 2023 | Bookkeeping
A petty cash fund is a small amount of cash, usually less than $500, used to cover incidentals or petty expenses. Need some postage stamps? Go to the petty cash. Stapler broken? Petty cash. Reimbursing an interview candidate who needed to pay for parking? Petty...
by Jenn | Jun 29, 2023 | Profit First
You’re busy and your revenues look good, but you don’t have as much leftover at the end of the year as you would like. This is a cash flow problem and there’s no other industry quite like the construction space where having a firm handle on your cash flow is as...
by Jenn | Mar 29, 2023 | General Business
“86.8% of all Canadian startups make it to year 2” [source] How many times have we heard something like that? I’d like to see a statistic on how many hours of sleep new business owners lose. These kinds of things can be disheartening, but I’m here to tell you that...
by Jenn | Nov 14, 2022 | General Business
Are you struggling with cash flow issues? Is there no money in the bank at the end of the year? (even though your financial statements say there should be) Do you have unpredictable and fluctuating margins? If you’ve answered YES to one or...
