{"id":238,"date":"2016-11-09T21:14:26","date_gmt":"2016-11-09T21:14:26","guid":{"rendered":"http:\/\/belbolcpa.com\/blog\/?p=238"},"modified":"2016-11-09T21:14:26","modified_gmt":"2016-11-09T21:14:26","slug":"where-is-all-of-the-money-going","status":"publish","type":"post","link":"https:\/\/belbolcpa.com\/blog\/where-is-all-of-the-money-going\/","title":{"rendered":"Where is all of the Money Going?"},"content":{"rendered":"<p><a href=\"https:\/\/belbolcpa.com\/blog\/wp-content\/uploads\/2016\/11\/11-09-16-lizard-hiding-1524549-638x478.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-239\" src=\"https:\/\/belbolcpa.com\/blog\/wp-content\/uploads\/2016\/11\/11-09-16-lizard-hiding-1524549-638x478-300x225.jpg\" alt=\"11-09-16-lizard-hiding-1524549-638x478\" width=\"300\" height=\"225\" srcset=\"https:\/\/belbolcpa.com\/blog\/wp-content\/uploads\/2016\/11\/11-09-16-lizard-hiding-1524549-638x478-300x225.jpg 300w, https:\/\/belbolcpa.com\/blog\/wp-content\/uploads\/2016\/11\/11-09-16-lizard-hiding-1524549-638x478.jpg 638w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>You\u2019re a small business owner, keeping busy, but there always seems to not be enough cash.\u00a0 An entire book can be written on this subject, but here are a few reasons why you may feel your business is short on cash:<\/p>\n<p><em>Taking too Much:<\/em> Unless you have other income sources, you need to either take distributions or a paycheck from your <a href=\"http:\/\/www.njmedicalcpa.com\/\">business<\/a> to live. The problem arises when you take too much and leave the business cash-starved.<\/p>\n<p><em>Paying off Debts: <\/em>If you have business debt from loans or credit cards, it can create a cash drain. Even if your business is showing that you have made a profit, you may not have much cash to show for it. This is because only the interest paid actually shows up on the profit and loss statement.<\/p>\n<p><em>Collections<\/em>: If you don\u2019t actually collect the money from customers then it is the same as never having made the sale. Actually, it is worse because you have spent your time and incurred expenses.\u00a0 If this is an ongoing problem, then you need to modify your collection procedures.<\/p>\n<p><em>Grow the Business Profitably:<\/em> Every business needs to grow every year as expenses usually only increase.\u00a0 If the business needs more <a href=\"http:\/\/www.njtaxsolutions.com\/\">cash<\/a> and you do too, then you need to grow both your sales and profits.<\/p>\n<p>These ideas may seem simplistic, but they are extremely powerful. They all relate on the importance of using your financial information, a.k.a. boring accounting stuff, to run your business better.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You\u2019re a small business owner, keeping busy, but there always seems to not be enough cash.\u00a0 An entire book can be written on this subject, but here are a few reasons why you may feel your business is short on cash: Taking too Much: Unless you have other income sources, you need to either take [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[2,3,90,7,8,13,85,18],"tags":[91,130,29,131],"class_list":{"0":"post-238","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-budgeting","7":"category-business","8":"category-debt","9":"category-expenses","10":"category-financial","11":"category-marketing","12":"category-quickbooks","13":"category-taxes","14":"tag-cash-flow","15":"tag-debts","16":"tag-expenses","17":"tag-profits","18":"entry"},"_links":{"self":[{"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/posts\/238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/comments?post=238"}],"version-history":[{"count":1,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/posts\/238\/revisions"}],"predecessor-version":[{"id":240,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/posts\/238\/revisions\/240"}],"wp:attachment":[{"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/media?parent=238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/categories?post=238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/belbolcpa.com\/blog\/wp-json\/wp\/v2\/tags?post=238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}