A wise business owner once said, "Happiness is a positive cash flow." As a business owner, we're sure you agree. Everything is better when your cash-in exceeds your cash-out. A cash crisis can be emotionally devastating and it can even kill your business. If you've ever had to beg, borrow and steal to cover tomorrow's payroll, you know what we mean.
The starting point for avoiding a cash crisis is allowing the CPAs at the W CPA Group develop a cash flow projection for you. Our accountants can help you develop both short-term (weekly, monthly) cash flow projections to help you manage daily cash, and long-term (annual, 3-5 year) cash flow projections to help you develop the necessary capital strategy to meet your business needs.
We also prepare historical cash flow statements to help you gain an understanding about where all the money went.