Financial Reporting: What is Your Message?

Accounting reports record the financial performance (Profit/Loss) and standing (Balance Sheet) of the company. They provide information to those interested in the financial score of the company and are used, if designed properly, to serve the interests of various audiences. In order to effectively address the questions of each audience you need to understand their […]

Avoid the Downside of Cash Flow Modeling Your Business

Cash Flow Modeling offers a number of upsides to proactive business management.  This discipline requires that the model represent a reasonable representation of how your business will respond dynamically to various business conditions, stimulus or adversity.  Consequently executive management can anticipate a cash crisis ahead of time, adjust the timing of various cash based decision, […]

Cutting Back?: 4 Big Steps to Financial Survival

Since businesses in the US and for the most part the rest of the world cannot print money (unlike our government) when it comes to solving cash flow issues, company leadership have to look inward as to what they can do and make the hard decisions to adjust expenses down to meet lower revenue.  In […]

5 Principles to Managing Cash Flow Successfully

Managing cash flow is a simple concept – but hard to do it successfully in practice. Why? Business is dynamic and balancing the timing of unpredictable revenue against the predictable consumption of cash by fixed expenses coupled with unpredictable variable expenses can create a cash flow crisis. An easy solution is to just borrow more […]

The Best Read: Reading Your Financials!

For many people the most boring aspect of running a business is reading their financials. For some it is so onerous they try to avoid the experience every month and only want to know the bottom number – profit or loss! However, your P/L, Balance Sheet and Cash Flow statements are the cardiogram of your […]