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Helping Clients Make Better Cash Flow Decisions
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CPA Practice Advisor
Businesses must determine their true available cash and protect a minimum “cash floor” to avoid hidden shortages.
Businesses must determine their true available cash and protect a minimum “cash floor” to avoid hidden shortages.
Some of it belongs to payroll, taxes, loan payments, vendors, or a slow season that hasn’t arrived yet.
Set a Cash FloorEvery business should know the minimum cash balance it wants to protect.
==Mike Milan, better known as Cash Flow Mike, helps accountants, advisors, and business owners turn cash flow information into practical business decisions.