Cash Flow Management

In this Economy “Cash is King”… We’ll Make Sure You Are Positioned Right.

Understanding when, where, and how your cash needs are being met is crucial to owning a successful business. If your cash-in exceeds your cash-out, life is good. When cash-out exceeds cash-in, however…

The successful small business owner knows to spend more time on work means generating more profit. Leave the tedious, time-consuming job of bookkeeping and accounting to the professionals!

Our cash flow management services will help you conquer cash worry once and for all. We will help you identify your cash needs, with a solid understanding of when and how they will occur, as well as show you how to build good relationships with banks and creditors so that you have resources available to you when that crash crunch occurs.

Our cash management services will benefit you by…

  • Helping you develop a cash flow projection. We can show you how to manage daily cash through short-term (weekly, monthly) cash flow projections, as well as how to develop the necessary capital to manage your long-term (annual, 3-5 year) needs.
  • Developing historical cash flow projections so that you can see exactly where your cash has gone, learning where you can better utilize your cash for future action.
  • Helping your business through the development of accelerated collection techniques.
  • Tips for receiving the maximum rate of return on any idle cash.

Let Us Help:

Worker Classification Steps for Columbia Businesses in 2022

And the books turn over.As we step over the threshold into 2022, we're all staring at much lower numbers in our P/L's. It's a new slate, and the possibilities are endless.What will you do in 2022? That's the question of the hour ... and it has much less to do with...

4 Year End Tax Strategies for Columbia Businesses

Before I dive into some year end tax strategies Columbiabusiness owners can and should be making, I want to address some rumors and misinformation about the SALT workarounds that are available to some of our clients (though not all).Essentially, 22 states (as of this...

Harry Hearn’s “Help Us to Remember” Holiday Prayer

It's Monday the 20th, as I put this together, and many of our Columbia clients and friends are gearing up for a very different kind of holiday week.I'm very aware that while the holidays are a time of joy for many, they are just as often a time of pain for a...

How Your Columbia Business Can Fight Inflation

Whether you like it or not, you’ve most likely found yourself in a fight against inflation. Somebody hikes prices on your supplier and suddenly your supplier has no choice but to increase the price on you. Then you have no choice but to raise the price on your...

Year-End Business Tax Strategy for Columbia SMB Owners

There are many of our clients for whom this time of year is like their version of the Super Bowl. Some Columbia businesses are earning 30-50% (or more) of their yearly revenue in this one month.Others ... well, this is a normal month -- except of course for all of the...

The Infrastructure Act and Your Columbia Business

Blink, and we're already into December.Which also means… 2022 is right around the corner.Are you ready?The reason I put this so starkly is that you and I have less than 30 days left to make a tangible difference on your taxes (business or personal).For your business...

Harry Hearn’s Thoughts on Being Thankful in Difficulty

“It was the best of times. It was the worst of times.” I think we can agree that Charles Dickens’s famous lines ring true when looking back at 2020 and 2021 (though “best” might seem like a stretch).With employees shifting their worlds to make room for new priorities,...

Columbia Business Owners: Beware the Sales Tax Nexus

If your Columbia business sells a lot online, then we’re coming into the most wonderful time of the year.And this year, your customers will probably shop your website (and elsewhere online) EARLY in order to bypass all those supply-chain snafus. Cha-ching for you.Just...

Harry C. Hearn, Inc.’s Rundown of the 5 Basic Business Entity Types

The shape of your business affects your future and when I'm talking about the "shape," I of course am referring to your Birmingham business entity type.Did you know that you CAN change that after the fact? Depending on which entity you are switching to, the process...

How Columbia Businesses Can Build a Quality Prospect List

How’s your client/customer list faring these days?If you’re like every other business around you, you’ve got some churn happening. People move, change jobs, experience a shift in financial circumstances … the list goes on. Even in predictable economic times (remember...

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Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

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