Cash Flow Management
A wise business owner once said, "Happiness is a positive cash flow." As a business owner, I'm sure you agree. Everything is better when your cash-in exceeds your cash-out.
A cash crisis can be emotionally devastating and it can even kill your business. If you've ever had to beg, borrow, and steal to cover tomorrow’s payroll you know what I mean.
Our 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.
The starting point for avoiding a cash crisis is allowing us to develop 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.
Walls & Associates also prepares historical cash flow statements to help you gain an understanding about where all the money went.
Creating an accurate cash flow projection is just one of the many cash management services we provide. You also get...
- Help obtaining an appropriate line of credit
- Cash collection acceleration techniques
- Proven effective collection policies
- Proven effective payment policies
- Help obtaining the maximum rate of return on your idle cash
Good cash management can improve a company's liquidity, reduce costs, and increase profitability. Walls & Associates can help you maintain optimal cash flow levels by tracking sources and uses, forecasting, and budgeting accordingly. To a business entity, cash flow is something that can make or break the business's ability to survive. We can help you analyze your spending, re-balance your budget and/or debts for an optimal cash flow to support your business's success. This balance plan would be revisited if and when there were any major changes in your business structure to ensure that you are operating at an optimal level. With our help and guidance, you will always be on top of your finances and ready for the future.
If you are looking for a blend of personal service and expertise, you have come to the right place! Walls & Associates offers a broad range of certified public accounting services for business owners, executives, and independent professionals. Our rates are affordable, and we are experienced and friendly. Please CALL US today at 304-390-5971 or SCHEDULE A CONSULTATION for an initial consultation.
