CFO Share
MAY 10, 2024
Although bookkeepers are not professional financial planners, they can use their intimate knowledge of your transactions to assist business cash flow management. Check out our blog on 3 Cash Flow Optimization Techniques for Small Businesses for strategic ways to improve your cash flow.
Spreadym
JUNE 19, 2023
Control Accounts Payable: Effectively manage your accounts payable by negotiating favorable payment terms with suppliers, taking advantage of early payment discounts, and optimizing your inventory levels to avoid tying up excessive cash in stock.
CFO Share
MARCH 23, 2021
Your variable costs, inventory levels, accounts receivable, accounts payable, and many other balance sheet items will likely change as revenue fluctuates. By using formulas to tie these accounts to revenue, they will be responsive to changing business conditions. Peg costs and working capital to revenue.
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