If you are out of cash, you are soon (if not already) out of business. Recently, a business that completed a complete program with Exec Net Consulting (www.ExecNetConsulting.com) contacted us for additional assistance as the growth rate had been rapidly expanding. The first schedule I asked to review was the cash flow and financial flash report. It was not available as the controller had set this aside while  trying to remain caught up on processing vendor and customer invoices in addition to  a number of other transactional activities. Bottom line: the owner and controller were guessing on their liquidity position. This was not something that was taught during our initial work.

Following well established and profit improvement business practices each day is difficult as it seems to go against the grain of  most people's nature. It is easy to "let it slide today" and then before you realize it, a month has gone by, then more months. One day you wake up and your business is in trouble. The successful companies follow a rationalized management system consistently. The Exec Net Consulting Process, coaches management on the adoption of a management system for long term success.