I’m not a gambler at ALL but I’m willing to bet a bounced check or overdraft has happened to you!
It can feel embarrassing, stressful, and overwhelming when this happens.
That’s why I’m such a fan of Money Mondays. It’s a specific day (every week) where you take a look at your cash.
Pull up your bank accounts and bookkeeping software.
Then compare your bank balance with the payments that still need to come out.
Many business owners don’t use the ‘bill pay’ feature in QBO and I get it, it’s an extra step.
However, if you aren’t going to use it, keep an extra close eye on those expenses and your cash balance.
Your money date also helps you keep an eye on receivables and follow up with any outstanding A/R.
Having cash coming IN to your business is a must and you may have clients that need following up.
This is a perfect place for systems and processes to make it streamlined and easy!
I would love to know more about what you need and how I can specifically help you manage your cash flow!
So, be honest…are you ready to talk about managing your cash?
If so, let me relieve this pressure in your life.
Schedule a free call and we’ll talk about your business!