Does your business need access to cash to purchase more inventory, cover unexpected expenses, or support growth initiatives? Consider using a line of credit! 💸 Reach out to Joel Jeffe by 📞 at 314-854-4600 or by 📧 at [email protected] to see how he can help you reach your business goals. #FirstBankFamily #LineofCredit #BusinessFunding
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Cash flow is a snapshot of the money moving into and out of your business. It involves all transactions that increase or decrease the company’s cash balance, such as revenues from sales, payments to suppliers, loans and capital investments. Cash flow is the lifeblood of your manufacturing business, and maintaining a positive cash flow is a sign of financial health. In today’s competitive manufacturing environment, understanding, planning and managing cash flow is vital for business owners. Read more in this blog post from Julie Wondra, CPA and Nikolous Rempe. >> https://hubs.la/Q01--H5P0 #manufacturing #cashflow #manufacturingindustry #AdamsBrown
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Great article about cash flow for manufacturers in a competitive environment!!
Cash flow is a snapshot of the money moving into and out of your business. It involves all transactions that increase or decrease the company’s cash balance, such as revenues from sales, payments to suppliers, loans and capital investments. Cash flow is the lifeblood of your manufacturing business, and maintaining a positive cash flow is a sign of financial health. In today’s competitive manufacturing environment, understanding, planning and managing cash flow is vital for business owners. Read more in this blog post from Julie Wondra, CPA and Nikolous Rempe. >> https://hubs.la/Q01--H5P0 #manufacturing #cashflow #manufacturingindustry #AdamsBrown
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Profit is not the same as cash flow. Just because your company made a profit doesn't mean that your cash flow will automatically increase. Businesses that grow rapidly incur more expenses to maintain that growth. Whether those expenses are for replenishing inventory or hiring more sales/support staff to keep up with the new business, they affect your cash flows significantly and can quickly eat up your profits if you're not careful. If you own a business, keep these two calculations front and center to make sure you are on track: Profit = sales - expenses (excluding asset purchases) Cash flow = cash inflows - cash outflows Know your numbers. #smallbusiness #cashflowmanagement #cashflow #cfos
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Profit is not the same as cash flow. Just because your company made a profit doesn't mean that your cash flow will automatically increase. Businesses that grow rapidly incur more expenses to maintain that growth. Whether those expenses are for replenishing inventory or hiring more sales/support staff to keep up with the new business, they affect your cash flows significantly and can quickly eat up your profits if you're not careful. If you own a business, keep these two calculations front and center to make sure you are on track: Profit = sales - expenses (excluding asset purchases) Cash flow = cash inflows - cash outflows Know your numbers. #smallbusiness #cashflowmanagement #cashflow #cfos
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How do your business remain liquid while still continuing to grow? #AsktheLadyBoss from Kira Kessler today dives into the challenge of maintaining cash flow when your business is on a growth trajectory. Some quick things to consider to maximize your available funds: 👉️ Inventory Management - Look at the potential to delay shipments or place smaller orders, and make sure you have someone on the team dedicated to keeping an eye on this. 👉️ Fast Payment Discounts - Work with your suppliers to get discounts in place to pay them quicker when you're flush with cash, which will free you up in the less busy seasons. 👉️ Line of Credit - Leverage your assets and make sure to build a relationship with a trusted banker, you'll need that to grow your business over time. Make sure you stay smart and controlled with your cash, and you'll have more breathing room as your business grows. Do you have a question for the Lady Boss? Make sure you hit the link in my bio to submit yours! #cashflow #growthminded #businessgrowth #womanowned #entpreneuertips
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Is your business in peril because managing your cash flow has become a problem. Are you constantly struggling to pay your staff and suppliers and most importantly you? In the business world full of swirling priorities and ever-changing dynamics it's important to know your numbers. What is profit and what is working capital or essential cashflow to grow your business. If you're struggling with your cash flow, don't despair—there's hope! With an understanding of how you can take control of your cash flow and build a thriving business. Here are seven tips to improve your business cash flow: 1. Put your prices up 2. Understand how you charge for your services and how much profit you make on each sale 3. Create your cash flow forecasts so you know how much working capital you need to grow your business 4. Know your cash gap – how long it is from sales to payment for product or services 5. Manage your payments and accounts receivables – get the money into your bank as quickly as possible 6. Control your expenses – the money in your bank is NOT profit. 7. Plan to manage seasonal fluctuations and how you can drive through any downturn Rest assured, our team is here to support you every step of the way to implement fast and durable solutions to boost your cash flow and profitability 💪. For expert consulting and coaching services - reach out to us today!! #CashFlowSolutions #BusinessSuccess #FinancialStability #SmartPayments #InvoiceManagement #ProfitBoosters #CashFlowManagement #FinancialWellness #BusinessConsulting #GrowYourBusiness #BusinessStrategy #ProfessionalServices #RealResults #SmallBusinessExperts #BusinessAdvisory #BusinessDevelopment #SMEConsultants
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How much cash does your business need? What do you need to consider when working out how much cash to keep on hand? https://bit.ly/47cPLzi #cashflow #BusinessSuccess #BusinessStrategy #TheBusinessBehindYourBusiness
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Here are four simple steps you can take today to create the ultimate cash flow forecast for your business: 1. Estimate your sales 2. Solidify your payment terms 3. Predict your outgoings 4. Collate all the numbers Read the full guide here: https://lnkd.in/g2VAwrPK #CashFlowForecast #CashFlow #BusinessSuccess
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