{"id":1343,"date":"2023-05-10T10:23:41","date_gmt":"2023-05-10T16:23:41","guid":{"rendered":"https:\/\/demo.stagingbeforelive.com\/foundationacs\/?p=1343"},"modified":"2024-07-18T14:41:15","modified_gmt":"2024-07-18T20:41:15","slug":"learn-how-to-dominate-your-cash-flow","status":"publish","type":"post","link":"https:\/\/demo.stagingbeforelive.com\/foundationacs\/learn-how-to-dominate-your-cash-flow","title":{"rendered":"Learn How to Dominate Your Cash Flow"},"content":{"rendered":"\n

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\"Partners<\/a><\/figure>\n\n\n\n

Small business owners understand that cash flow is critical because it directly affects their ability to pay bills, cover expenses, or make investments that could help their business grow. A positive cash flow provides enough financial resources to invest in new equipment, hire new employees, or expand operations.<\/p>\n\n\n\n

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What about unexpected expenses or seasonal fluctuations in sales? That\u2019s right; positive cash flow helps them stay ahead of surprise situations.<\/p>\n\n\n\n

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On the other hand, business owners can also face negative cash flow. Negative cash flow can lead to trouble, including missed payments to vendors and lenders, late fees, and in extreme cases, bankruptcy.<\/p>\n\n\n\n

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Don\u2019t let the \u201cB\u201d word frighten you. We can help.<\/p>\n\n\n\n

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Here at Foundation Accounting and Consultation, we\u2019ve learned that the formula for success is simple, but the trouble comes with the execution. It really comes down to the cash cycle for the business. Simply put, the cash cycle is the time it takes for a company to convert its assets into cash. For contractors, this begins with purchasing raw materials and concludes when they collect payment for a job. Various steps occur during this cycle cash can run short, and the business may struggle.<\/p>\n\n\n\n

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Most business owners, including contractors, may not realize that when invoicing a customer only to be paid weeks or months later, they are providing a loan for the customer to access their services. If the same owner is asked for a loan equal to the cost of one of their jobs, the answer will be \u201cno,\u201d even though their current invoicing practice is essentially the same. Extending credit to customers can lead to crippling results. This is just one example of cash flow decision-making that can be problematic to a business.<\/p>\n\n\n\n

We help business owners monitor and manage their cash flow. With our Dominate Cash Flow program, owners can gain better control over finances, learn how to make informed decisions and ensure the long-term sustainability of their business. We do this through monthly meetings, cost analysis, policy development, and more. The best part is that it is custom for each business owner.<\/p>\n\n\n\n

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Contact us<\/a> to learn how to take control of your business finances and dominate your cash flow today! <\/p>\n\n\n\n

(801) 440-4540 | jeremy@foundationsacs.com<\/p>\n\n\n\n

Learn more about our cash flow solutions<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Small business owners understand that cash flow is critical because it directly affects their ability to pay bills, cover expenses, or make investments that could help their business grow. A positive cash flow provides enough financial resources to invest in new equipment, hire new employees, or expand operations. What about unexpected expenses or seasonal fluctuations […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1343","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t