Cash Consultant
5 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Rescooped by Kevin Waid from The Billy Pulpit
Scoop.it!

Cops Bust Armed Robber Who Wore Barack Obama Mask During Florida McDonald's Stickup

Cops Bust Armed Robber Who Wore Barack Obama Mask During Florida McDonald's Stickup | Cash Consultant | Scoop.it

An armed robber who wore a Barack Obama mask during a stickup earlier this year at a Florida McDonald’s has been arrested, police reported today.

Marvin McTeare, 22, is facing armed robbery and grand theft charges in connection with the late-January incident during which a masked gunman corralled employees into a rear office and had a Riviera Beach McDonald’s manager turn over cash from a safe.

McTeare, pictured in the mug shot at left, was already sitting in the Palm Beach County jail when charged with the McDonald’s robbery. He has been in custody since early-April, when he was busted on a variety of felony charges stemming from another armed robbery...

(click pic to continue reading)


Via Billy Corben
Kevin Waid's insight:

Sad to hear stories of managers still being held hostage to open their store safe. Protect your employees with SafePoint and avoid these incidents that can have a tremendously negative impact on your business. No employee has access to the cash in SafePoint once inserted and your cash is 100% guaranteed by Loomis against theft, damage, or shortage. Invest in protection for your business.

more...
No comment yet.
Rescooped by Kevin Waid from Small Business Advisor
Scoop.it!

Rapid Cash Flow Improvement

Rapid Cash Flow Improvement | Cash Consultant | Scoop.it

A company with a solid and relatively stable cash flow has high value in the eyes of investors, as it provides the security of a practical business model, while the company is self-financing without the need to attract more funding. In addition, a company that generates positive cash flow accumulates wealth, enabling shareholders to develop and exploit their contribution through the receipt of dividends.

 

If you plan to sell your business, it is advisable to start early to optimise cash flow and provide a more solid cash position in the company. This money will practically turn your pockets – as debt minus the value of the company, gathers your cash back.

 

So, a recommended first step is stopping any major investments that are not essential to the smooth running of the company. If a major purchase can be delayed, it is better to keep the cash instead of immobilising it. Therefore, carefully select any future investments and make an acquisition only if its delay would have a negative impact on the company or if the acquisition would result in an immediate increase in profitability.

 

Similarly, try to capitalize assets that are no longer useful, and those without the company can continue to work with no problems. Of course, those are primarily assets that no longer contribute to the company’s operations, and gain losses by providing maintenance and storage costs.

 

Further, it is important to devote time to improving cash flow to ensure the stability and continuity of business operations. Often, negative cash flow is due to management’s negligence and a few simple steps can noticeably change this situation.


Via paulgreen
Kevin Waid's insight:

Cash is King and even more so when valuing a company for investors or acquisition. A strong cash position plays a big role in the valuation of your company and new technology helps you manage with little effort. Enhanced cash flow solutions expedites cash into your bank account and provides immediate visibility to all cash on hand, even if it hasn't yet hit the bank. Contact me to find out how to enhance your cash position to maintain the valuation you know your business deserves.

more...
No comment yet.
Rescooped by Kevin Waid from Business Improvement
Scoop.it!

Cash Management

Cash Management | Cash Consultant | Scoop.it

Cash management is important for any new or growing business. This comprehensive article provides numerous good tips to aid your company in the collection, concentration, and disbursement of cash.


Via Daniel Watson
Kevin Waid's insight:

"Moreover, efficient cash management means more than just preventing bankruptcy. It improves the profitability and reduces the risk to which the firm is exposed."

Excellent article touching the importance of cash management no matter how successful the company may be. Decreasing "float" times has an extremely positive impact on your company's profit and growth. New technology available expedites this lag time for faster access to your cash and improved visibility of your cash position.

more...
No comment yet.
Rescooped by Kevin Waid from Custom Integration
Scoop.it!

4 Tips for Managing Cash Flow - CEDIA Blog

4 Tips for Managing Cash Flow - CEDIA Blog | Cash Consultant | Scoop.it

4 Tips for Managing Cash Flow
Posted on January 9, 2012 by CEDIA
As the ongoing economic situation has led electronic systems contractors (ESCs) to run increasingly lean operations, cash flow strategy has proven crucial to running a sustainable business. Any small business that lacks a healthy cash flow isn’t likely to stay in business for long.

Cash flow management is the process of monitoring, analyzing and adjusting your cash flows. Smart analysis and management of cash flow can help your business weather the tough periods.

Can you answer these questions on a regular basis?

How much cash does the business have?
How much cash do I need to operate the business?
Where do I get my cash and where does my cash go?
What will be the impact on my business if I expand or invest in new assets?


Via Miguel Soto
Kevin Waid's insight:

Having the answers to these important questions at any given moment enhances your ability to make educated decisions on solutions or investments to further your company's profitability and growth. Implementing systems to assist in cash management gives you this information whenever needed and streamlines your cash flow from point of acceptance to your bank account. Contact me for cash management solution recommendations to streamline your process.

more...
No comment yet.