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| Cash-Flow Planning |
| The old adage of "cash is king" is especially relevant to small- and medium-size enterprises (SMEs). Yet, cash flow planning can be a challenge because effective cash flow planning touches upon every aspect of the organization—it is much more than just ensuring customers pay in a timely manner. Potential indicators of insufficient cash flow planning includes: |
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continuous cash flow shortages; |
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customers paying later and later; |
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credit facilities not sufficient to operate the organization; and |
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not enough excess cash flow to grow the organization. |
| Successful cash flow planning entails understanding the timing of your revenue and costs, creating capital and operating budgets, developing financial alternatives to fund your organization and establishing a clear collection strategy, just to name a few. |
| AscendCFO™ partners have extensive experience in the CFO position and in developing cash flow plans to enable your organization to improve its cash position and grow. |
| Contact us to learn how we can assist you in improving your cash flow and provide you the opportunity to succeed. |
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