You have never been busier in your life and your business is growing. Your sales are increasing, you are hiring more employees, and you are obtaining new customers. The problem you have is cash flow. It simply doesn’t appear to be at the levels you are expecting when you consider the success you are enjoying. And you are spending a lot of your valuable time on certain things that really are not helping to grow your company. For example, accounting.
I have worked with many entrepreneurs. They are mainly inventors and salespeople – not accountants. They know how important cash is and have been able to build successful businesses and have an intuitive feeling for how cash can be generated. However, at some point, a business grows past intuition. In order to thrive, businesses need to have systems and financial processes in place. The following are 5 signs that your … Read More