Monthly Archives: July 2015

Making Cash Flow Statements an Effective Management Tool

canstockphoto5671366Cash flow is the lifeblood of every business. However, most business owners do not regularly measure their cash flow other than to determine whether their cash balance is increasing or decreasing. Cash flow statements are intended to provide cash flow data, but most do not provide enough information and the format is not very user friendly reducing their effectiveness.…

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Cowboy Math – Real Time Cash Flow

Every entrepreneur needs to realize he is primarily in the cash flow business.  Successful people always watch the numbers like a dog with a bone.  A problem exists today because the rules have become so complicated that the accounting world is focused on monthly and annual financial statements that follow GAAP rules where the numbers are perhaps too old and riddled with accounting adjustments that make it hard for an executive to sift through it all to get numbers he can run the company with. …

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Posted in Business Best Practices, Cash
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