Cash Flow Analysis & Advice for Milwaukee Small Businesses
Maximize Your Profitability and Growth Potential
We help small business owners understand & improve cash flow
Understanding cash flow is critical to the success of your business. Our award-winning accounting and consulting firm takes the best corporate and institutional practices and tailors them to work for small and mid-sized businesses in and around Milwaukee.
Solving any current cash flow problems starts with knowing your numbers. We provide affordable accounting and financial reporting services to provide business owners with a clear image of their current cash flow.
Contact Giersch Group today for a free, no-obligation consultation for your business or non-profit organization today. We’ll help you overcome poor cash flow management and get you on the road to financial success.
Our services are available 100% remotely for clients nationwide from our offices in Milwaukee, Brookfield and Madison, WI.
Optimizing Small Business Cash Flow
Optimizing cash flow is crucial for any small business to thrive. Accurately tracking income and expenses through diligent bookkeeping helps small businesses maintain control over their finances. The Giersch Group offers expert bookkeeping services to provide clients with a clear picture of their cash flow. Our experienced business consultants can then offer tailored advice to help small businesses improve financial management and maximize cash flow.
The Giersch Group’s bookkeeping service provides accurate, timely financial data each month to give your business a transparent understanding of your cash flow. Small businesses can utilize the comprehensive financial information on margins and monthly cash flow to determine if their business is profitable and make informed decisions moving forward.
Obtaining accurate information on the current financial state of your business is the first step to determining where your business is and isn’t profitable. With a comprehensive understanding of where your business currently stands, you are able to then determine the best courses of action to improve cash flow. The Giersch Group’s business consulting service helps advise small business owners on how to maximize profits and develop growth strategies.
In order to improve cash flow, you may need to lower or raise prices on your services or potentially reduce your production or labor costs. You may be looking to expand your business, but you are unsure if your business is financially ready for growth. The expert business consultants at the Giersch Group will leverage your financial data and help you determine whether expansion is a smart move and develop the best possible strategies to benefit the future of your business.
Effective Cash Flow Management Techniques for Your Business
Struggling with financial reporting and bookkeeping? You aren’t alone. Many small business owners and self-employed contractors are better suited to focus on running their businesses than to keep up with bookkeeping, payroll, tax filing and financial analysis.
Luckily, you don’t have to deal with financial management alone. Work with the Giersch Group to make the entire process easier and unlock major benefits for your business.
First, consider outsourcing key financial tasks. The Giersch Group offers professional CFO services, bookkeeping, payroll, tax preparation and more at affordable rates. Our team handles the financial grunt work so you can focus on profitability and growth.
Next, leverage your new financial insights through strategic consulting. The Giersch Group helps analyze financial statements to spot trends, identify issues early and consult on business decisions. Our strategic guidance can be an invaluable resource for planning and positioning your small business for success.
Finally, streamline your financial process with user-friendly accounting software. We utilize Quickbooks Online to automate day-to-day accounting tasks and ensure you stay organized and tax compliant. The professionals at Giersch Group can provide training and support so you are able to fully utilize these helpful tools.
With the right financial assistance, you can transform financial management from a headache to an advantage. Don’t go at it alone, leverage the experience of the Giersch Group so you can focus on what matters most: running your business.
Free Resources for Understanding & Improving Small Business Cash Flow
How much cash flow should a small business have?
Companies with strong cash positions ask, “How much cash should a company keep on hand?” Every small business owner dreams of having a bank account large enough to worry about this question.
To improve cash flow and profits, you must grasp the five key factors defining the optimal cash level for a small, private company.
Keep reading: 5 Factors Determining Optimal Small Business Cash Reserves
Cash position basics
The current economic situation causes small businesses to focus on the immediacy of cash flow. Are you aware of what your cash balance is in the bank right now? Many business owners are unable to answer that question accurately. In order to manage cash flow, especially during difficult periods, it is imperative to know your cash position.
Keep reading: Why you need to know your net cash position
How to rule your cash flow management
Cash is king in every business, and managing cash flow is a vital consideration for every small business. Understanding the short and long-term demands on your company’s cash can allow you to make wise investments and secure your company’s growth.
Keep reading: Improve the efficiency of your cash flow cycle
Creating an effective cash flow budget
To understand the cash needs for your business throughout the year, it’s important to model month-by-month balance sheets and cash flow statements as well. A full financial budget will automatically have the cash flow requirements shown on the cash flow statement.
Keep reading: Illustrated example of a financial budget with cash flow requirements
Outsourced & Onsite Cash Flow Services in Wisconsin
Giersch Group offices in Milwaukee, Madison and Brookfield often serve businesses located in southeast Wisconsin, from Milwaukee to Dane counties. Our outsourced bookkeeping is available to any business in the country thanks to our virtual services.
Milwaukee County bookkeepers serving: Downtown Milwaukee, Shorewood, Whitefish Bay, Glendale, Fox Point, River Hills, Brown Deer, Granville, Butler, Wauwatosa, West Allis, Greenfield, Hales Corners, Greendale, Franklin, Oak Creek, South Milwaukee, Cudahy, St. Francis & everywhere in between.
Dane County bookkeepers serving: Madison, Middleton, Waunakee, Windsor, Sun Prairie, Cottage Grove, McFarland, Fitchburg, Verona, Riley, Pine Bluff, Cross Plains, Springfield Corners, Black Earth, Mazomanie, Mt. Horeb, Belleville, Rutland, Stoughton, Kengosa, Deerfield, Monona & everywhere in between.
Ozaukee County bookkeepers serving: Mequon, Thiensville, Cedarburg, Lakefield, Grafton, Saukville, Port Washington, Knellsville, Newburg, Waubeka, Fredonia, Holy Cross, Belgium, Dacada & everywhere in between.
Waukesha County bookkeepers serving: Waukesha, Brookfield, New Berlin, Muskego, Big Bend, Vernon, Mukwonago, Jericho, Eagle, North Prairie, Saylesville, Genesee Depot, Ottawa, Wales, Dousman, Delafield, Oconomowoc, Monterey, Nashotah, Hartland, Merton, Town of Lisbon, Sussex, Lannon, Menomonee Falls, Butler, Pewaukee & everywhere in between.
Washington County bookkeepers serving: Germantown, Hubertus, Richfield, Thompson, Ackerville, Hartford, Kirchhayn, Jackson, Cedar Creek, Slinger, Cedar Lake, St. Lawrence, Allenton, Addison, St. Anthony, Kohlsville, Wayne, Kewaskum, Boltonville, Fillmore, Cheeseville, Young America, West Bend, Nabob and everywhere in between.
We’ve worked with hundreds of entrepreneurs, family businesses and nonprofit organizations in Wisconsin. They can afford our services and so you can you.
