Where's My Cash?

This is probably the second question every business owner asks in their AGM with us - second to "how much tax do I have to pay?"

And knowing where your cash has gone, makes managing your cashflow easier.

But how do you find out?

  • Start with good quality data, keeping in mind the axiom of "garbage in, garbage out.
  • Use a cloud-based accounting system for Bookkeeping & Data Entry.
  • Keep your eye on the important metrics with Dashboard Reporting.
  • Learn how to read your Profit & Loss, Balance Sheet and Cash Flow Statement.

And keep in mind these two statements,

  • Cash Is King!
  • Cash flow is the lifeblood of a business!

Then watch the short video below where Kurt & Brian (younger versions) talk about cash flow budgets and monitoring.

Want to improve your cash flow? Contact Us today to work out how.