Cayne Crossing (@CayneCrossing) profile picture

Financial partner providing Quality of earnings in the $2M to $100M space | Investing in SMBs $2M to $20M | https://xitter.gq/t.co/JLj5q0AKuz

Joined December 2021
If you have no debt, no investors and are not growing quickly, accounting is an afterthought. -> Why most owner operated businesses don't invest in quality financial info. It is really just tax reporting. 1/2
1
The minute you have outside constraints, financial information and data is critical to plan and communicate, effectively. Investments and hiring require cash that needs to be planned for. Also, bad news needs to be communicated early (not when it is too late). 2/2
It is very common for SMB’s not to track inventory on the balance sheet. In these cases, including inventory in a traditional working capital target may not make sense. Here are some items to consider: 1/8
1
1
2