Tag: Days Cash on Hand

  • What is cash flow?

    What is cash flow?

    Cash flow is often misunderstood yet is critical to the success of any business. Cash flow issues are one of the most significant challenges small business owners face. 4 out of 5 businesses are likely to fail due to poor cash management. What is cash flow?   Understanding your small business’s cash flow is one […]

  • Happy Halloween!

    Happy Halloween!

    It’s a ghostly holiday. Do you hear things that go bump in the late evening hours when you are working at your desk? Does the sound of the wind chill you to your bones when you are paying bills? Is the rattling of your days cash on hand making you fear what’s on your desk […]

  • It’s Fall.

    It’s Fall.

    We love the fall season here at Expex. We are based in New York and the fall foliage lights up the sky when the sun hits a red and yellow tree lined street. Many companies revel in that happy moment for just so long and then the realization that the third quarter will soon be […]

  • What does an accountant do?     

    What does an accountant do?     

    I am in the marketing department here at expex. Marketing seems so easy and straightforward and when someone asks what I do for expex, it is an easy answer. So, years ago when I told my brother-in-law that I could never be an accountant like he was, he asked, “Do you know what an accountant […]

  • Summertime is coming.  Where are you working?

    Summertime is coming.  Where are you working?

    Summertime is just around the corner for us in New York and already present in many areas of the U.S. Kids are out of school, boats are in the water and summer cottages and camps are airing out.  Where do you want to be on a long weekend? Not. In. The. Office. But there are […]

  • They Say Cash is King

    They Say Cash is King

    True?  We think so. Cash allows a business to run and supports growth with its ability to hire new employees, purchase goods and services more competitively, and pay bills within terms to save a percentage or two. If this is indeed true, then why is cash on hand so elusive and evasive to the small […]

  • What is the financial health status of your business?

    What is the financial health status of your business?

    Many businesses operate partially in the ‘financial dark’. They obtain new clients, pay their bills, collect receivables and assume the business is healthy.  Once a year, they meet with their accountant and review their financial statements and performance and often times find they are not as healthy as they thought. How can you manage your […]

  • It’s all about the cash flow….

    It’s all about the cash flow….

    Many small businesses struggle with managing cash flow. The U.S. Small Business Administration (SBA) posted a great article on their website, “Managing Small Business Cash Flow – Answers to 10 Commonly Asked Questions”. The author, Caron Beesley, addressed many of the questions plaguing small businesses. Cash flow is the lifeblood of a business and critical […]

  • Fall in Love with Finance Series-Make it Simple.

    Fall in Love with Finance Series-Make it Simple.

    “I don’t get it”, “I hated it in school”, “It’s too complicated”. These are statements I’ve heard from SMB owners, and they’re right! Accounting and finance can be complicated and difficult to understand. But what if it were simple? What if you got exactly the information you needed in an easy to understand format?  If […]