Tight Cash Flow

Subcontractor

Tight Cash Flow

The Situation

  • Subcontractor with a seasonal business model doing about 3M of revenue
  • Struggled with cash flow, forced to use Line of Credit to meet payroll during ramp-up
  • Owner was not getting timely information to monitor performance of entire company

The Solution

  • Created custom reports including dashboard to monitor performance and cash forecasts to predict shortfalls and surpluses
  • Helped client understand cash flow cycle and how to avoid the cash "crunch"

The Results

  • Shortened A/R collection period by 8.7 days
  • Revenue growth of 37.1%, net income increased by 149%
  • 2 yr. average Return on Investment for client of 1,125%

Leading Confidently

means having a plan

Become a Success Story
Recent Articles
Small Business Reporting

Six Essential Monthly Accounting Numbers Every Business Owner Needs to Know (& Where to Find Them)

It seems like Revenue and the cash balance are the first (or only) two numbers most business owners look at on a …

How much should you pay your employees

How To Respond When Employees Ask For A Pay Raise Based On Inflation

Written by: Jeff Heybruck Have your employees asked for a raise lately? All over the country people are reevaluating their employment and …

5 Tactics for Negotiating with Suppliers and Vendors

Successful entrepreneurs understand the importance of building long-term business relationships that can contribute to their bottom line. That’s why many business owners …