In this video, Sara walks through important considerations to keep in mind for managing cash flow and working capital:
- Managing Accounts Receivable
- Payment Terms with Vendors and Clients
- Accurate Customer/Contact Information for Invoicing
- Timely Invoicing of Clients
- Cashflow Forecasting
- Payroll Planning
- Outside Sources of Capital
- Adjusting to Variable Cash Flow as a Business Owner
- Managing Non-Discretionary Expenses
Next Steps:
Download our complimentary Cash Flow Worksheet to assist in starting the process compiling the appropriate estate documents and titling your assets.
Additional Resources:
If you're not sure where to start, reach out to your Wealth Management team to create or review your estate plan, help set up new financial goals or to check in on your existing goals.
Not a Plancorp client? No problem.
Would you like assistance in determining where you can better organize your finances, especially if you're building your Financial Plan. Complete this simple 9-question Financial Analysis to get personalized guidance on areas to get organized.
Already have an advisor?
Whether you already have an advisor or may be evaluating options, this complimentary eBook will help you evaluate your current situation, consider what might be missing and share insight on what you should expect from your financial team. We also invite you to check out our blog posts on Questions to Ask Your Financial Advisor and How to Find a Financial Advisor That Works for You.
| Complimentary Worksheet Resources: | |||
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Net Worth WORKSHEET |
Goal Planning WORKSHEET |
Cash Flow WORKSHEET |
Estate Planning MEMO |
Disclosure:
This material has been prepared for informational purposes only and should not be used as investment, tax, legal or accounting advice. All investing involves risk. Past performance is no guarantee of future results. Diversification does not ensure a profit or guarantee against a loss. You should consult your own tax, legal and accounting advisors.
