The financial health of your business is often revealed by analyzing your cash flow. It brings to light corporate opportunities and priorities by outlining where you generate and spend money. And it equips business owners to make more informed decisions – such as whether to invest in additional staff, inventory, or equipment, or when to tackle that office renovation.
Core components of a cash flow analysis include:
Inflow/outflow of money related to operations such as accounts receivable and payroll
Inflow/outflow of money related to financing such as term loans or lines of working capital
Inflow/outflow of money related to investing in the business such as purchasing real estate or selling equipment
Curious where your business stands today? Need some guidance on how to be more profitable tomorrow? Complete the form below to meet with one of our tax and accounting professionals.