Healthy cash flow can be the difference between success and failure for a small business. Even if your profit-and-loss statement looks great, a lack of cash flow can spell disaster in certain situations—and too many businesses fail to manage cash flow effectively.
At R.L. Hinton, CPA, PC, our cash flow management services allow you to know when, where and how you will need to allocate funds throughout your business, and identify the right sources to draw from at different points in the month, quarter or year. We’ll also help you maintain positive relationships with lenders and creditors, giving you a valuable resource if you end up facing a cash crunch.
This process starts through the development of an all-encompassing cash flow projection, creating both short- and long-term plans to make sure you have enough cash at your disposal on a daily, weekly and monthly basis. We’ll also prepare historical cash flow documents so that you can understand where you’ve allocated your funds to date—and if you should make any changes as you move forward.
Our team also assists with the following issues:
• Securing lines of credit to
support cash flow
• Developing effective collection processes and policies
• Creating a sound payment policy
• Identifying methods for accelerating cash collection
• Securing the highest rate of return possible on your available cash
Consult a skilled cash flow management consultant
R.L. Hinton offers fixed monthly fees and ongoing guidance and advice as you work to grow your business. For more information on how we can help you, call 770-729-4470.