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Posted by: Charles P Myrick CPA Posted on: Sep 19 2019

Is Cash Flow a Challenge for Your Small Business?

In my work with small businesses I am familiar with how cash flow management can make-or-break a company. Simply stated, if you aren't properly managing the flow of your money, then you are setting your business up for failure. My advice? If you want to achieve long-term success with your company, then you need to make sure that you have cash available at all times. 

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Posted by: Charles P Myrick CPA Posted on: Oct 16 2018

Cash or Full Accrual Budgeting for Your Small Business?

At some point, every small business owner will need to make an important decision: should they use cash or accrual budgeting for their company? Businesses use both the cash basis and full accrual basis of accounting and budgeting in their operations. There are advantages and disadvantages to both of these options, and you should consider talking with an accountant to learn about how these methods will impact your business. 

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Posted by: Charles P Myrick CPA Posted on: Sep 11 2018

Do You Struggle With Cash Flow Management?

Cash flow management can make-or-break a company, and if you aren't properly managing the flow of your money, then you are setting your business up for failure. If you want to achieve long-term success with your company, then you need to make sure that you have cash available at all times. 

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Posted by: Charles P Myrick CPA Posted on: Mar 06 2018

How to Prevent a Budget Shortfall in Your Church

While a church’s budget is set and remains fixed throughout the year, actual income and expense flows are not; in some cases, they can vary widely from month to month. For a church, cash flow can make or break its ability to survive. Leaders of financially healthy churches have learned how to manage through revenue peaks and valleys to avoid the consequences of a budget shortfall.

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Posted by: Charles P Myrick CPA Posted on: Aug 22 2017

How To Get Better at Managing Your Rental Properties

In our past blogs, we’ve talked about some of the tax deductions you can get as a landlord. But guess what? None of those tax deductions matter if you don’t have the records to claim them. 

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Posted by: Charles P Myrick CPA Posted on: May 30 2017

Are You A business Owner Who Struggles With Cash Flow?

Cash flow management can make-or-break a company, and if you aren't properly managing the flow of your money, then you are setting your business up for failure. If you want to achieve long-term success with your company, then you need to make sure that you have cash available at all times. 

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Posted by: Charles P Myrick CPA Posted on: Oct 25 2016

Can Bookkeeping Services Solve Small Business Cash Flow Problems?

As a small business owner, you may have learned the hard way how important it is to stay on top of cash flow management. Have you ever found yourself in a situation where payments are due, but the money is not available? It can be difficult to manage the cash flow on your own. An alternative is to contract out your bookkeeping services to a Certified Public Accountant (CPA). 

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Posted by: Charles P Myrick CPA Posted on: Sep 27 2016

How to Make Cash Flow Management Easier

Cash flow management can make-or-break a company, and if you aren't properly managing the flow of your money, then you are setting your business up for failure. If you want to achieve long-term success with your company, then you need to make sure that you have cash available at all times. 

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Posted by: Charles P Myrick CPA Posted on: Aug 30 2016

Why Most Business Owners Fail to Properly Manage Cash Flow

Cash flow management can make-or-break a company, and if you aren't properly managing the flow of your money, then you are setting your business up for failure. If you want to achieve long-term success with your company, then you need to make sure that you have cash available at all times. 

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Posted by: Charles P Myrick CPA Posted on: Jun 28 2016

How Small Businesses Use Credit Policies to Improve Cash Flows

Do your credit policies improve the cash flow management of your small business? Sound credit policies are high on the list of business processes that improve your profitiblility. Small business owners will find it worth while to regularly review their company's credit policies. Here are five good practices to look for:

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