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Sure, most all businesses get a financial sheet that is updated each month, but is it being utilized to its fullest? Do they create a cash flow chart? And have they established a set of goals, both long and short term? Lack of financial management is the major cause of failure for small businesses. 54% of the businesses that do fail, have a financial statement that shows them as being profitable. And while many businesses receive financial information (profit and loss statements, balance sheets), this information is rarely used to make decisions for the business. After this presentation by Tom Shay, you will be able to create a cashflow chart which will provide you with an accurate estimate of your checking account balance for each of the next twelve months. Seminar attendees will discuss examples of these, and create a plan for the future of their business. During the session, Tom describes two formats for creating this financial projection tool. Here are the two Excel files which are the templates. Cash basis accounting template | Accrual basis acounting template Powerpoint of "Black Ink: Cashflow Management Secrets Your Accountant Never Shared" PROFITS PLUS, FOUNDER OF...
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APRIL 2026
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With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.
Small Business
The April Small Business Advisory quotes research performed by a faculty member at Purdue. The question was asked of 20,000 people, "What do you want in an experience with a business?".
The advisory shares the top five answers, for which the majority require the skills that only a human can have. It is not artificual intelligence or software that deals with customer service management.
Small Business
It has been many years since we received an email from Ron of Arrow Floor Covering. Yet we still read it time and again as there are words of wisdom in his message.
Would the next generation want to work in your small business?
Owning a small business has a lot of similarities to owning a small business. Not so much because of the hours you spent with the business, but because of the commitment you are making to yourself, your employees and your customers.
The April Article of the Month is titled, "With this ring, I thee wed".
Everything in the April edition of Small Business News has a tie to the connection of you and your employees to your business. The same is true with this month's book suggestion which is, "Hit Refresh" by Satya Nadella, chairman and CEO of Microsoft.
All this plus the Internet Tool for Your Business and a staff incentive idea for your business.
