Are you growing?

You’ve determined that you are profitable, but you still have no cash… it could be growing pains!

Growth demands cash, and can eat it up faster than you budgeted for. Purchasing assets (such as equipment or inventory) can be critical to growth but consume cash quickly. Often times businesses are investing employees’ time into new projects, and that time equals cash. Make sure that you understand all that your company is investing in growth, then ask yourself – is it truly necessary?

Start with these questions: