cash flow, small business, solutions, problems, accounting, financial forecast, preventive, invoicing, payment, strategies, www.a2zcfo.com

Cash Flow Problems and Solutions for Startups and Small Businesses (2nd of 3 parts)

This is the second of three blogs about cash flow problems and solutions, particularly relevant to startups, and also for small businesses. In Part 1, we discussed the first three of seven preventive strategies for all businesses: 1.) Get accounting books organized. 2.) Use a cash-flow budget. 3.) Get customers to pay quickly. Here in…

cash flow, small business, solutions, problems, accounting, financial forecast, preventive, invoicing, payment, strategies, www.a2zcfo.com

Cash Flow Problems and Solutions for Startups and Small Businesses (1st of 3 parts)

This is the first of three blogs about cash flow problems and solutions for small businesses. Cash flow management is key for a small business to succeed About 82 percent of startups and small businesses fail due to poor cash-flow management. Businesses experience cash flow problems when they cannot timely pay employee salaries and/or pay…

Financial and management pitfalls for a growing small business, by Rolf Neuweiler, CFO. Good bookkeeping and accounting practices not only can avoid many problems to make it easy for tax filings, new loans, and pitching to investors, but they will also provide insight into the operation and health of your business enabling sound decisions for management and growth.

Common Accounting Pitfalls for Small Businesses

Common Accounting Pitfalls & Solutions for Small Businesses About 28 percent of companies go bankrupt due to problems with a company’s financial structure, according to a study undertaken by the Small Business Administration. Good bookkeeping and accounting practices not only can avoid many problems to make it easy for tax filings, new loans, and pitching…

a2zCFO, financial, plan, strategies, annual projection, family office, small business, nonprofit, accounting, controller, www.a2zcfo.com,budget, personal, planning, spending, saving, financial goals,

Personal financial budgeting

We all have heard these:  “Money doesn’t grow on trees.”  “Save money for a rainy day.” “Failing to plan is planning to fail.” However, about ⅔ of Americans do not budget. Many live paycheck to paycheck. Financial stress often spills into relationships and family life.   Budgeting is about intentional spending and mindful living. Budgeting…

Budgeting for businesses and non profit organizations include capital, cash flow, and operating budgets

Three Types of Budgeting for Businesses

Failing to plan is planning to fail, that is why budgeting can help a business achieve financial success, predict profitability, provide a model for performance, formulate plans and strategies, and forecast income and expenditures. Planning and Forecasting A budget provides insight into a company’s financial position for the near future.  A budget is a tool…