Cash Flow Management

A wise business owner once said, "Happiness is a positive cash flow." As a practice owner, we are sure you agree. Everything is better when practice cash-in exceeds practice cash-out.

A cash crisis can be emotionally devastating and it can even kill your veterinary practice. If you've ever had to beg, borrow and steal to cover tomorrow's payroll, you know the gut-wretching feeling.

Our cash management service allows you to...

  • know when, where, and how your cash needs will occur.

  • know what the best sources are for meeting your additional cash needs.

  • be prepared to meet these needs when they occur, by keeping good relationships with bankers and other creditors.

The starting point for avoiding a cash crisis is working with us to develop a practice cash flow projection. We can help you develop both short-term (weekly, monthly and annual) cash flow budgets to help manage daily cash, and longer-term (two to five year) cash flow projections to help you develop the necessary capital strategy to meet practice needs.

We also prepare historical cash flow analyses to help you gain an understanding about where all the hard-earned money went.

Creating accurate cash flow budgets and projections are just one of the many cash management services we provide. Work with our team to 

  • Decide on an appropriate line of credit

  • Improve client credit and collection protocols

  • Solidify effective collection policies

  • Set effective payment policies

  • Obtain the maximum rate of return on idle cash

To learn more about how we can help you avoid stressful cash shortages please complete this form to talk with our team about your needs.

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