Finance & Accounting Resources

Open post A man working on a cash flow for a business

Realizing the Importance of Cash Flow

Do you have a cash flow problem? Many early stage companies become hyper focused on metrics that drive revenue, such as sales and marketing.  Although these areas are important, the financial metric of cash flow should be watched carefully, especially in the early days of a company. According to a U.S. Bank study, 82 percent of business failures are due to poor cash management. Cash flow projections have two basic components, money coming in and money going out. Both are equally important but it takes careful accounting and constant monitoring to make sense of it. Making the sale doesn’t mean you have...

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Open post Financial data on computer

Taming the Beast That is Financial Data

The journey to understanding Getting a handle on the financial data that your business produces is a monumental task, but once done, decisions with financial implications can be made with confidence and understanding. Making sense of your financial data is a long journey that requires diligence, patience and persistence. When engaged successfully your financial data can help you make more money, work less, and please customers in whole new ways....

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