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Avoiding the 5 Biggest Cash Flow Mistakes

Download a Free Whitepaper on Avoiding Cash Flow Problems

When most people think about what it means to run a successful business, they think in terms of profits and losses. But, there is another important indicator that tells you how financially healthy your business is: cash flow.

Unfortunately, many service businesses have trouble managing their cash flow.

Understanding and Avoiding Cash Flow Mistakes

In this whitepaper, you will learn the importance of cash flow, why it matters so much to service businesses, and how to avoid the 5 biggest cash flow mistakes facing business owners:

  1. Billing only at project completion.
  2. Failure to plan for taxes.
  3. Ugly invoice practices.
  4. Not having an emergency fund.
  5. Not using a cash flow budget.

About the Author

Doug Kauffman, CPA, is passionate about helping service businesses get the financial help they need to build efficient, stable companies. His company, Kauffman CPA, assists service business companies with cash flow, tax preparation, bookkeeping, and payroll services.

doug kauffman cpa
 

Download the Free Whitepaper


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