Cash flow is King.
Cash is a funny thing, not enough and it’s all you can think about, while too much cash does not guarantee happiness. In the early years of any company, cash is king. Ensuring that the cash inflows match and exceed cash outflows is critical. Countless profitable businesses have folded due to poor management of cash flow.
Countless profitable businesses have folded due to poor management of cash flow. Ensuring that your cash flow is accurate, and properly captures the realities of your business can be challenging. Determining the timing and the dollar amount of revenues involves significant estimation and ultimately requires professional judgement.
Kent Accounting has prepared thousands of cash flows to help business owners make the best decisions possible with the information at hand.