Do you often ask yourself:
1) Do I have enough funds to meet the operational needs of the business?
2) Will I be able to may my payroll? Will I be able to pay the Vendors and other bills?
It’s probably because you are not managing your cash flow. Cash flow is one of the most important aspects if one wants to have smooth flow of operational finances. In theory it is simple, cash received coming in v/s cash spent yet can be very complicated at times. Our Cash Flow spreadsheet is extremely user friendly yet only requires no more than a few minutes per week eliminating the guess work.
It ties Operational Finances with Accounts Receivable and Accounts Payable, ensuring you stay a step ahead of all Accounts Payable and stay on top of your Accounts Receivable. This, not only manages the cash flow better but also prevents unnecessary use of Line of Credit many businesses use to meet their obligations to Accounts Payable.