Ryan Kittrell, CPA's Linkedin Analytics

82% of small or medium businesses fail due to cash flow mismanagement. That's an intimidating stat! But... What if your business doesn't mismanage cash flow? Well, that decreases failure risk dramatically! Many small business owners mismanage their cash by: • Not worrying about their books until the end of the year • Treating bookkeeping as an easy and cheap commodity • Not reviewing financial performance at least monthly • Not budgeting and reviewing differences to expected • Not forecasting cash flow Many of these business owners are stressed. They hope they will be able to continue to afford staff They wonder if they will ever get out of debt They cross their fingers that the bank will approve financing They dream about being able to pay themselves one day But some business owners do it differently! They make sure their books are updated monthly A competent and caring pro does the books Financial performance is reviewed monthly They budget and track variances They forecast their cash flows. They take action! Based on the insights provided by their financials, budget and cash flow analysis, they make moves that set them up for success in their business, cash reserves in the bank, and peace of mind in their lives! If you are a small business owner that would like to have rock solid bookkeeping, budgeting and variance analysis, and cash flow forecasting services, you have three options: 1. DM me to learn more 2. Email me at ryan@kittrellklaskincpa.com 3. Check out our business website. There are tons of free resources to get you started.