Obtaining and maintaining a positive cash flow can be a primary factor in your ability to run a successful business. Regardless of the size of your business, a positive cash flow can increase your opportunities and reduce the negative impact of your challenges. A carefully maintained cash flow forecast can alert you to potential cash flow issues. Good cash management practices can assist you to successfully deal with any cash flow issues that may occur from time to time.
Cash management service allows you to...
know when, where, and how your cash needs will occur.
know what the best sources are for meeting your additional cash needs.
- be prepared to meet these needs when they occur, by keeping good relationships with bankers and other creditors.
Allow us to assist you by developing a cash flow projection for you. We can help you develop both short-term (weekly, monthly) cash flow projections to help you manage daily cash, and long-term (annual, 3-5 year) cash flow projections to help you develop the necessary capital strategy to meet your business needs.
We also prepare historical cash flow statements to help you gain an understanding of your past spending patterns.
Creating an accurate cash flow projection is just one of the many cash management services provided. You also get...
Help obtaining an appropriate line of credit
Cash collection acceleration techniques
Proven effective collection policies
Proven effective payment policies
- Help obtaining a reasonable rate of return on your idle cash, while minimizing risk