Mapping Your Next Move

The three sections of the cash flow statement are operating, investing, and financing. There are two methods to use when preparing your cash flow statement: direct and indirect.

There are three major cash flow activities in each business. These consist of Operating, Financing, and Investing.

The mistakes we make with our cash flow, both in business and in our personal lives, have more to do with how we FEEL about money than they do about how we THINK about money.

Having the right CFO for you, yes, I said the right CFO for YOU, can get quiet and calm into all the noise that a small business owner faces every day.

The statement “Are we there yet?” reminded me of so many business owners I’ve known over the years, particularly when on the eve of a large project.

A client called me with their ideas for a new product line along with the statement, “We are going to sell widgets to all the widget providers, and we aren’t going to focus on the direct sale anymore.”