These are a few of the reasons we hear from clients, to explain why they are experiencing cash flow problems.  In fact, any of these can easily be the catalyst for the fire, but every one of these also has a quick solution that can put a company back on track.  A recent client had... Read More

Let’s address the effects of tariffs on your business, and how to easily survive them. We can’t control the world market, but we all know that this will increase our costs, most everyone will be impacted by them, and we are all fearful of raising prices.  Catch 22? Yes, and no. We have been through... Read More

Don’t do it! It’s a trick … unless you know exactly what to expect and ALL related costs and time. Why you might contemplate bankruptcy and what you expect to get by filing one, can easily be a LOT different than what you actually end up with. There are various types of bankruptcy filings, but the common... Read More

Cash versus Accrual Accounting – Why You Need to Know  There are two different accounting methods to report income and expenses. One is called the CASH basis, which tracks cash as it comes in, and expenses as they are paid. The other method is called the ACCRUAL method, and it is based on when the work is... Read More

Are You Considering a CFO to Help Your Struggling Business? Think again. CFOs – even fractional ones – are not turnaround specialists. While they manage financial reports and budgeting, they often lack deep experience across multiple distressed companies. They read numbers, but they don’t tell you how to fix the problem. Lenders Can’t Help Either.Banks... Read More

Keeping cash flowing is all about strategy. The first 3 ways to improve cash flow were reworking existing financing, converting excess inventory, and eliminating prepayments and/or deposits. In our last blog we went over the next 3: negotiate better credit terms, sell or lease back equipment, and restructure repayment terms.   Now, here are the 3... Read More

Cash flow problems don’t have to hold you back. In our last blog, we went over the first 3 ways to improve your cash flow: rework existing financing, convert excess inventory, and eliminate prepayments and/or deposits.  Now, we’ll go over 3 more strategies to free up cash and keep your business thriving:  Need help applying... Read More

We know what it feels like when cash stops flowing. Your mind is on your business while you stare at your kid’s basketball game. You dread seeing the mail come with another stack of payables; all demanding payment with late fees attached. You think about it around the clock and yet, in spite of brief... Read More

EIDL Loans Are Crushing Small Businesses  If your business took an EIDL loan, you’re not alone – but now the government is coming to collect, and the consequences are devastating. The SBA has referred 860,000 delinquent loans, totaling $59 billion, to the U.S. Treasury for collection – tacking on massive collection fees and forcing many businesses... Read More

It sneaks up on you.  One month you have a loss, but there is sufficient new business on the horizon that you know things will be fine.  A few months go buy and the sales don’t come in. You step up to take things into your own hands to increase sales.  Welcome to Stage 1... Read More