Package Solution #5: Cash Flow Management
Tracking all your expenses so your practice never comes up short
Having money in your account at the end of the month doesn't mean you're profitable: measure all your short and long term expenses with the Cash Flow Management system to determine your true level of profitability.
No more surprises: the Breakeven Budget Software tracks all actual, recurring, and future business and personal expenses so your practice never comes up short. Effective cash flow management requires that you plan for all future expenses, such as employee bonuses, future capital expenditures, marketing programs, and your own salary, bonus, and retirement contributions. My software provides monthly cash flow information as well as future cash flow needs, giving you an accurate picture of how well you are managing your money.
Income and expenses vary month by month, but all your bills must be paid on time. In addition, non-monthly expenses such as: marketing programs, future capital expenditures, income and payroll taxes, vacation expenses, and bonuses are all items that can be budgeted. The fact that you have money left in your checking account at month’s end does not automatically mean that you are profitable and can spend this money any way you wish. An effective budget requires you set aside enough money to cover all future expenses. Then you always are able to pay your bills on time. My Cash Flow Management package enables you to do just that.
Includes:
- The Breakeven Budget Software
- 4 hours of coaching (plus one bonus hour if necessary)
