Business Challenges and Solutions.

Obstacles become paths. From profitability, to cashflow issues to succession, we have seen all the challenges in our years of experience and we have helped many business owners reduce the friction and we want to help you.

Inadequate Cash Flow

Challenge

Lack of cash can kill even a profitable business. No matter your business circumstances, your great product or service, or a long list of prospects and opportunities, payroll needs to be met, vendors need to paid and therefore the business needs to cash flow. Without good cash flow, a business will not survive.

Impact

When a business is facing cash flow issues it is at least a tremendous worry and distraction and at worse a threat to keeping work flowing. Without adequate cash flow projects get delayed until purchases can be made, products are hard to stock because inventory is dependent on cash flow and staffing can be a challenge because payroll and payroll taxes require a steady stream of cash. It is for these reasons that inadequate cash flow can reduce profit margins, lessen customer satisfaction and increase employee frustration. It can and does threaten the future of the company.

Solution

Growth Team Strategies has the tools and experience to help business owners identify, plan and fix a cash flow problem. It starts with the tools to accurately monitor and project cash flow for a 3-4 month period of time. Next, it includes immediate actions to reduce the demand on cash. Then it requires finding both short-term and long-term solutions to get out of the cash flow crunch and maintain a good cash flow going forward.

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