EVERY business can improve their cash flow...
With the RIGHT Approach
Tell-Tale signs of serious cash flow problems:
- Slow (or no) growth
- Bounced checks & over-drafts
- Repeaded borrowing
- Slow to Pay suppliers
- Clients paying slowly
- Yo-Yo bank account
- Rejected for add'l credit
- Decreasing credit scores
- re-mortgaging for operating cash
- less than 10% profit margin
- increased credit card borrowing
- Missing quantity discounts
- Losing opportunities for expansion
- Losing key employees
- personal loans from family & friends
- late payment of payroll taxes
- Late payment of income taxes
- increasing stress
- late payment of sales taxes
- late payment of employees
- failure to take owner's salary
- moving money between companies
- suppliers demanding COD
- Key-Person exodus ('brain drain')
- failure of owner to take vacations
- Family Discord
These are often serious warning signs and are typical of a business dying ‘a death by a thousand paper cuts.’ Slow, agonizing and ultimately lethal. You can struggle along for a while (sometimes a good long while) but there will be a lot of pain, failure and heartache if these symptoms are not addressed. Results can even include business failure, bankruptcy, self-loathing and even dissolution of families. Trust me, I’ve seen it.
If you are suffering from any or all of these symptoms contact me to discuss your cash flow improvement potential.