Do you know where your firm’s money is at any given moment? This is a necessity because, as we all know, you can produce a profit and still be short of cash. If you've owned a firm for any length of time, you know that money is not a constant. It ebbs and flows, sometimes predictably and sometimes erratically. The challenge as a business owner is to have strategies in place to make sure that you always have funds available when you need them. Strategy 1: The first strategy you should employ, … [Read more...] about Understanding Your Firm’s Money: Will It Be There When You Need It?
