Effectively managing cash flow is one of the most critical skills business leaders must possess if they want their companies to grow profitably. A well-thought-out strategic plan doesn’t mean a thing ...

Recently the Sunday Edition of the Washington Post had the following headline, "Region's Builders Rein in Visions- With Real Estate Downturn Projects Scaled Back, Scrapped." Lenders are tightening ...

You’ve probably heard the phrase “cash is king,” but do you really know what it means, beyond the concept of making more of it than you spend? Many new business owners–and even some seasoned ...

Cash flow management is among the most challenging responsibilities of every business owner. It’s exactly what it sounds like: money comes in from sales, accounts receivable, investors, etc., and ...

I was giving a keynote address to a group of medical practice business owners when one of the people in the room came up to me after and shared about his cash flow challenges. His practice was ...

An investor who puts money into your business has the right to understand your company's financial potential to determine whether it is a worthy investment. The financial projections you include in a ...

Long-term business plans often rely on forecasting predictions to set strategic goals and objectives extending out from three to five years. Cash flow forecasts are used in budgeting and profitability ...

Positive cash flow is critical to a successful business. Business owners may understand the importance of generating profits; however, focusing on profit alone may lead to the neglect of cash flow.

Time flies, and here I am in the beginning of February, trying to think through how 2023 is going to look for contractors and the economy in general. Some say good. Some say bad. Some say they do not ...