Founder and CEO of The CEO’s Right Hand, Inc., William Lieberman sat down with FiOS1 Long Island, Money’s Main$Street, Christa Lauri, to discuss How Small Business Owners Know if Their Finances Are in Good Order. A good starting point is tracking cash. You want to know how much cash you have on hand and how much you are forecasted to spend over the coming months so you know ahead of time if you are going to be in trouble. Most people know whether their current books are in good order but they haven’t forecasted out the next 12 months which is imperative in planning. Listen to the full interview here.
You can find a transcription of the interview here.