CASH FLOW MANAGEMENT

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Cash flow can make or break your business. With a positive cash flow — more money coming in than going out — everything works perfectly. With a cash crunch, you have to scramble to make anything work. When your cash outflow exceeds your cash intake, it can kill your business as surely as an invisible oil leak can kill your engine. All it takes is time for it to bleed dry.

Build a management team you can trust, including accountants to help you attain a positive cash flow. Whether you’re a business owner, a top executive or an independent professional, Miller & Company has the knowledge and relevant experience to help you manage your finances and send your cash flow management gushing in the right direction.

LET’S GET REAL

Success in business involves more than managing your money. Mismanaging your money can lead to failure. Just because you have money doesn’t mean you have it to waste. In your business, you still want to:

• Generate growing revenues and handsome profit margins
• Convert your sales into cash as soon as you possibly can
• Expend only as much capitol and overhead as necessary to maintain quality operations
• Build a large a cash cushion to ensure the comfort and stability of your company and your family

Your cash flow management is the blood and breath of your organization. Without proper attention to the details of your finances and the management of your money, your endeavors may fail. When it comes to improving your cash flow, you don’t need a bean counter; you need an intelligent, effective strategist to make your goals a reality. Miller & Company has a proven, problem-solving, solutions-oriented style.

PROFIT VS. CASH FLOW

Profit and cash flow are deceptively not the same. Grasping your cash flow is more involved than simply glancing at your profit and loss statement. There are many other financial figures that factor into your cash flow. Your NYC CPAs and bookkeepers are the translators and intermediaries between you and your finances. These trusted advisors speak the elusive language of money.

Positive cash flow doesn’t happen by accident. It takes planning, strategy and hard work. You actually need a positive cash flow to generate profits. To achieve both, partner with an accounting firm that’s both established and innovative. Your company has specific demands that require individual attention. Your accountant must be able to go the extra mile.

UNIQUE AND DYNAMIC NEEDS

Because your business already has a successful track record, you need the expertise of an accounting firm that understands who you are and what you’re trying to do. You need a business consulting firm that can help you steer your business in the right direction. You need Miller & Company.

Your needs are unique and dynamic. As an individual of high net-worth, your problems and goals are not the same as others’. Your CPA in NYC must understand the intricacies of your finances as part of the whole picture. The value of looking at the big picture is knowing how your business intersects with your life. A negative cash flow in your business negatively affects your life; a big-picture accountant like those at Miller & Company located in NYC and Queens can get things turned around for you.

Read more at https://www.cpafirmnyc.com/cash-flow-management