Nothing is worse than mustering up the courage to make a ‘cold call’ and hearing proverbial crickets. Gulp! Well there’s good news for those of us who dread even the thought of this scenario, generally cold calls are not the best way to generate new sales leads. At least not right away. A more productive…
Announcement: We’ll be presenting a Cash Flow workshop to the farming community on Thursday, March 16 from 10 – 11:30 am at Sustainable Connections (Free). “Fundamentals Cash Flow for Farmers” explores the fundamental aspects of Cash Flow. Presented by Chris McGee, he’ll review the business reports that make up the building blocks of Cash Flow and show attendees how…
YouTube Video 1:30 Related article: Get Paid Sooner Contact Chris McGee at (360) 303-5798 for fast QuickBooks [Online (QBO)] technical support or if you’d like to learn more about customizing your QuickBooks Online &/or Pro, Premier or Enterprise. ProFound Impact is a division of Business Support Services Northwest, LLC. Chris McGee has been a Business Coach…
Wooo Hooo! Made the sale, sent the invoice and feeling good! Right? Well kind of … Remember an ‘invoice isn’t cash’ so don’t overlook the ‘getting paid’ portion of the sales agreement (Refer to tips below). While it may seem obvious, many business owners become so consumed with making the sale that they fall short…
It’s a common struggle for small business owners to keep enough cash in their coffers throughout the year to cover payroll and replenish inventory, particularly if their inflow and outflow of cash is affected by seasonal sales/expenses. To keep from ‘running out of cash’, here’s a list of 5 recommendations to consider: Track when money comes…
PFI Coach TIP: Early October (NOW!), entering into the 4th Qtr, is a perfect time to pre-plan for large purchases (I.e. equipment etc.) and balance them out with cash. It’s also timely to prepare your forecast for the coming year. Need some advice? Give Chris a call at (360) 303-5798. Based in Bellingham, WA, ProFound…
Ever been left scratching your head wondering, ‘where does all the money go?’ Well, you’re not alone. Managing cash-flow is a common problem facing business owners. Learn how to best manage the ‘inflow and outflow’ of cash in your business by attending one – or both – of Business Support Services Northwest, LLC‘s ‘Cash Flow in QuickBooks’…
6 FREE QuickBooks Town Meeting / Q&A Sessions. – May 17 – June 8, 2016 – Whatcom & Skagit Counties. Series presented by Business Support Services Northwest, LLC and facilitated by Chris McGee, ProFound Impact – QuickBooks Expert & Business Coach. Have you ever wondered how to analyze your stores, divisions, products, and services within QuickBooks?…
Along with an income statement and a balance sheet, the cash flow statement provides a (potential) investor with valuable insight about the health of a business. It covers three key areas where cash moves in and out of a business. 1) Operations 2) Investments and 3) Financing. When reviewed with an income statement (a.k.a. Profit…
Did you know? QuickBooks has over 100 built in reports? How many are you using? Do you use the Profit and Loss Statement and Balance Sheet then call it good? Learn how customized reports can improve your job costing, help you to analyze your cash flow and manage your inventory. Call Chris at 360.303.5798 to…
