Cash Flow Management
As a business owner everything is better when your cash-in exceeds your cash-out. A cash deficit can be emotionally overwhelming and it can even destroy your business. At Jeremy S. Sweet, LLC. , we never want our clients to be in a position of needing to beg, borrow and steal to cover tomorrow's payroll. A cash crisis can be overwhelmingly stressful and it can even lead to a closure of business. Whether it’s making tomorrow’s payroll, paying taxes or servicing debt, proper procedures and cash management techniques can help you ease your mind and thrive your business.
Our cash flow management service provides:
- Knowing when, where, and how cash needs will occur by projecting short-term and long-term cash flow needs
- Knowing what the best sources are for meeting your additional cash needs
- Being prepared to meet these needs when they occur, by keeping good relationships with bankers and other creditors
- Understanding your historical and present cash flow
- Providing cash collection acceleration techniques
- Proven effective collection policies
- Proven effective payment policies
- Negotiations for better terms with vendors
- Creating operating and capital expenditures budget
- Negotiations with lending institutions for plausible loan terms
- Identification and remediation of weaknesses in the cash flow management process