What are you waiting for?

If you didn’t have a cash flow management model before, what are you waiting for?

Or do you still think you can actually manage your company with a P&L, balance sheet, and statement of cash flows? If you believe the best way to run a company is with backward-looking, historical documents, then you probably also think that the safest way to drive a car is through your rearview mirror!

History- yes, you can learn from it, and not repeat your mistakes, but it can’t tell you what’s coming down the road!

Cash Flow Management: Look forward!

What’s coming in?!

What sales are being made?!

Who owes you money that needs a reminder call?!

What are expenses today, next week, and next month?!

What will your bank balance be after you run payroll?!

Some people are saying, “But David, it’s too late!” It’s never too late to put good business practices into place unless you’re giving up without even trying.

Am I being too harsh? Maybe.

But sometimes it takes a wake-up call to take action. Sometimes it takes some help, or a coach, to get started.

E-mail me your comments at [email protected]
Need a coach? Let me know, I’d be glad to help!