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Five Severe Warning Signs of Cash-Flow Problems
Keep an eye on your cash flow, and look out for these warning signs that could signify problems: Decreased liquidity: running out of working c... Read more
Michael Pellecchia
Recent Articles about Michael Pellecchia
Action Plan: Forecasting and Cash-Flow Budgeting
Your cash flow budget is the most important financial statement that you have. Done correctly, it provides your business with the necessary checks, balanc... Read more
Turning Assets into Cash
Your largest current assets, against which you might borrow, are probably receivables and inventory. Ideally, both of these assets turn into cash as soon ... Read more
Action Plan: Using Economic Forecasts
Track the economy so you can prepare for your business's future. Read more
Establishing Credit Limits
There is no precise method of allocating credit. However, a simple policy that works well is to allocate customers to one of the four categories of credit... Read more
Collection Techniques to Avoid
Past-due accounts present a number of problems, one of which is how to collect them. When faced with this uncomfortable issue, avoid using these collectio... Read more
Debt Management and Banking: Establish a Contingency Plan
Show your creditors that you can handle a cash crunch with a plan for managing crises. Read more
Key Questions to Ask a Prospective CPA
The worst way to find a CPA is to "call one up and hire him" sight unseen, believes Irving L. Blackman, a frequently published CPA and senior partner in B... Read more
Choosing Accounting Software
Here's what you need to consider when choosing accounting software: Auditing features. These might include a map mode, an... Read more
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