Welcome to part three of our series Optimizing Cash Flow in Small Business. I’m David Worrell from FUSE Financial Partners. I’ve got some tips for you today to help you manage your vendors by preparing, practicing and partnering with them. This will help move your cash flow in the right direction.
Welcome back to Optimizing Cash Flow, our series of short videos to help small business owners make their cash flow in the right direction. My name is David Worrell from Fuse Financial Partners. Today we’re going over the metrics of cash flow. We’re going to teach you a little bit of math today. I’m sorry, I hope you’re ready for that. It won’t be tough. There is no quiz. We are going to show you a couple of ratios that you will need to determine where your company is at, from a balance sheet perspective, on the cash flow scale.
Welcome back to Optimizing Cashflow, I’m David Worrell from Fuse Financial Partners. This is part five, where we talk about problems with your accounts receivable. Every company is going to eventually have a client who doesn’t pay. What you do about it is very important. It’s going to determine whether you ever get any money out of the customer or not.
Let’s talk about the the keys to solving problem accounts receivable. That would be communication, commitment and collections.