Blog

Track Your Cash Flow Weekly

August 30, 2017,

For planning your business’ cash flow, the best tool is a weekly cash flow plan. A good weekly cash flow model forecasts three elements: Cash inflow, cash outflow and liquidity.

Blog

What Is a Balance Sheet, and How Can I Use It to Manage My Business?

July 13, 2016,

A balance sheet is one of the three primary financial statements used to monitor the health of your business, along with your cash flow statement and the income statement. Think of it as a snapshot of your company’s financial position — what you own and what you owe — at a singular point in time, like at the end of a month, quarter or year.