Cash Management
Cash Flow Management
Many Businesses Fail Because of Poor Cash Flow Management - Don’t Be One of Them
Discover the secret to business longevity with UltraPrecise Bookkeeping. Our expert team understands the importance of cash flow management and is here to lend a helping hand. Learn how we help you achieve positive cash flow and secure your business's future. Take control of your finances and call us today.
What Is Cash Flow?
Cash flow refers to the movement of money flowing into and out of a business. Positive cash flow is when you bring in more money than you spend. It is what every business owner strives for because it enables you to pay your liabilities and invest in your business.
Conversely, if you are spending more money than you are bringing in, it is called negative cash flow. While there will be times when every business experiences temporary periods of negative cash flow, too many months of negative cash flow can — and will — cause a business to fail.
Managing Cash Flow Is the Key to Operating Any Successful Business.
As bookkeeping and accounting professionals for small and medium-sized businesses, our expertise lies in helping business owners manage their cash flow better with the goal of increased profitability.
Here’s what we do for you:
- Develop short and long-term cash projections
- Analyze prior years' cash flow statements to help you understand where the money goes
- Prepare monthly, quarterly, and annual cash flow statements
- Provide you with tools to accelerate the collection process for accounts receivable
- Develop updated billing and payment policies
- Assist with obtaining a line of credit
- Help you get the maximum rate of return on surplus cash
Avoid a Cash Crisis, Call Us First.
Don't let poor cash flow management jeopardize your business's success. Trust UltraPrecise Bookkeeping to enhance your cash flow, avoid crises, and unlock growth opportunities. Contact us now and secure a prosperous future for your business.
What our customers are saying
"I was daunted by all of the financial information I needed to get squared away when I started my business and worried that I wouldn't find someone who was personable in addition to being professional, but Angela is just that. From the moment we met I could tell that she would be able to answer all of my questions, and in the almost two years that we've been working with her she's been able to help me out in every new situation that has arisen- which has been a lot during the pandemic. I would happily recommend her to any other business owner."
- Casey F., Golden Bee Bookshop
"There are bookkeepers who make entries and provide you with clean books. Just getting it right is a win. Then there is UltraPrecise, who far exceeds the level of bookkeeper. Angela customizes to our needs. She gives advice. She interacts with our tax accountant and helps strategize. Angela provides Board Room level CFO insights and recommendations. This is not only bookkeeping. This service is effectively a Finance Department and CFO. A lot of people can do the books. UltraPrecise gives far more. This replaces two or three FTE's at a fraction of the cost and with excellent and timely outputs."
-Chris W., Portfolio Properties Group
"Angela has taken the stress of the financial management of our organization off of our shoulders. She's very thoughtful and proactive-- we can trust that our finances are in good hands and can make decisions about hiring and spending from a position of confidence. She is detailed, thorough, super responsive, and quick to get back to us on time-sensitive issues."
- Jennifer D., Progressive Maryland, Inc.
Ready to get started?
Schedule a free consultation with us today