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Behind On Your Books,
Business Owners?

Let Me Rescue Your Financials Today!

Behind On Your Books,
Business Owners?

Let Me Rescue Your
Financials Today!

3 Issues That Destroy Healthy Cash Flow

by | Dec 14, 2022 | Accounting, Bookkeeping

Cash flow stifled?

Not sure where your cash is coming or going?

In business, cash flow is your lifeblood. 

And most every decision you make (or don’t make) affects cash flow.

When cash flow issues occur, then decision are made based on bad or inaccurate data. 

These decisions cause more issue, which lead to a downward spiral for the business. 

There are 3 issues that destroy healthy cash flow. 

Don’t let these issues harm your business. 

I’m your local, expert outsourced accounting department for a third of the cost. 

With more than 15 years of experience, I deliver spot-on, accurate reports weekly, monthly, quarterly, or whenever you’d like so you know exactly where your business stands. 

This is where Local, Virtual Accounting Services can help you a ton.

Following are the 3 issues that destroy cash flow and what to do about it. 

Understand the value of hiring an outsourced accounting department.   

What Are Cash Flow Issues

Positive cash flow is the lifeblood of your business. Without question, negative cash flow will sink your business faster than nearly anything else (except for, maybe, a scandal). 

In most cases, a cash flow issue simply means you’re getting bad or inaccurate information about your cash flow and it’s negatively impacting your business. 

If you don’t have cash flow, you aren’t able to cover your liabilities. If you have any debt or loans, you feel even more pressure. And if you’re not able to pay taxes, the full force of the IRS may fall down on you like an avalanche. 

Cash flow issues could be hiding right under your nose and you don’t even know it. 

#1. Low Net Profit

This is more a business issue than a cash flow issue, but cash flow is how you measure this. 

Low net profit means you’re not making enough after expenses, liabilities, and taxes to create a profit. This is positive cash flow. Without this net profit, your business has little chance of survival–let alone growth. 

#2. Delays or Errors in Accounts Receivable

If you don’t have cash coming in but you have cash going out, the river bed will eventually run dry. Delays, even by hours, can have a negative impact on how you make decisions about your business. Errors are like negative multipliers for your business. For every error in your financials, expect a multiplied negative effect for every decision you make. 

Delays and errors in your accounts receivables is like cancer for your business. 

#3. Overspending on liabilities and expenses

Some Owners and Executives think they can spend their way out of paying taxes. This is simply not possible. The more you spend, the less you have to pay your taxes. The IRS will get their cut, no matter what you do, even if you lower your tax obligation, it can rarely (if ever) be reduced to zero. So, if you go on a spending spree, it better be tax beneficial and a part of your tax obligation reduction plan or it’ll come back to haunt you later. 

How Do Cash Flow Issues Affect A Business?

When cash gets tight, Owners and Executives are faced with tough decisions. 

This stress and pressure can result in mistakes being made, which leads to ongoing financial issues or permanent closure of the business. 

Cash flow is the lifeblood of your business, but when it’s an issue, here’s what you face: 

  • Decreasing sales and low-profit margins
  • Outstanding accounts receivables
  • Overestimating growth periods
  • Too much inventory on hand
  • Seasonal business structure
  • Inaccurate forecasting and bookkeeping practices

Want to avoid all of these cash flow side effects (and more)?

How Do I Hire Virtual, Outsourced Bookkeeping & Accounting Services?

Hire me, your Local, Master Outsourced Bookkeeper & Expert Virtual Accountant, today.

I bring your books current the very first time. 

I deliver accurate, spot-on reports weekly, monthly, quarterly, or whenever you like without fail. 

And, I help you forecast your financial future so you can know exactly where your business stands financially. 

Don’t let behind books and inaccurate accounting get in the way of growing your business. 

Hire me, THE Top Rated Local® Master Bookkeeper & Expert Accountant, to rescue your books now!

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Furever Bookkeeping has been our financial savior. Our small business went through several bookkeepers before hiring Furever Bookkeeping. Furever Bookkeeping has been responsive, adaptable, and provided excellent communication throughout the pandemic. The level of customer service we have experienced is unmatched for a small business such as ours.

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Kendra brought years of my business’s financials current and balanced my books quickly. She and the whole furever bookkeeping squad know what they’re doing. Helped my business exponentially.

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Kendra served as our law firm’s outside, independent bookkeeper. When she started working for us she inherited financial books that were a complete mess. She was able to straighten them out and, since then, has kept our books accurately and complete. I can ask her at anytime where we stand financially and she can tell me instantly. She is very personable and a delight to work with. During her tenure working with us, even though she was an independent contractor, she became our firm’s CFO. I do not hesitate to recommend her.

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The entire Furever Bookkeeping team helped my Consulting Firm and me streamline our Accounting system using technology for efficiency sake. This saved us a ton. Kendra and her team are gems.

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Kendra has been instrumental for our business. If you are looking for an accounting team that is professional, timely, and great at communicating call Furever Bookkeeping. They were a life saver for my company!

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Kendra Moore
Owner/Master Bookkeeper
Expert Accountant

Clients

Our clients range in annual revenue from $200K up to in excess of $75M+. Simple or complex financials across MULTIPLE industries are our Core Capabilities.

About Us

Furever Bookkeeping, LLC brings 15+ years of Expert Bookkeeping & Master Accounting to each of our clients. Kendra Moore and her team have over 37 years experience in: Bookkeeping, Accounting, Banking, along with experience as previous Business Owners.

Our Certifications

We are approved Accounting & Bookkeeping Federal Government Contractors, DUNS #079524284, as well as for the State of Maryland, NAICS #541219.

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