If you’re experiencing a cash flow crisis, chances are your stress levels are through the roof. Maybe you don’t know how you’re going to pay your staff next week, let alone your creditors. That terrifies you.
You feel like you’re at the bottom of a well and can’t get out. You know that there is a rope to climb your way out (somewhere) but you just can’t find it.
It’s okay. You’re not alone. Many of our clients have been there. The good news is that even though the situation may seem hopeless, there often is a highly profitable way forward.
At EBAA, we specialise in taking businesses from cashflow squeezed to cashflow abundant.
The starting point is knowing what you’re spending and when.
We then look at the ‘low hanging fruit’ so you can get some instant wins.
A quick tweak that saved a client $3,000 a month
“With one client in the plumbing industry, we looked at how he was funding his business. We restructured it and bang – he instantly saved $3,000 a month in overhead payments. We then said to him, “Let’s take that money and use it to increase sales.”
The most transformational things our clients have done from day one is daily cashflow management – predicting your cashflow and bank balance on a daily basis – 90 days out.
It’s amazing what it does for a business owner.
As part of the engagement process we provide you with a cashflow model tool that enables you to do just that. Many accountants charge as much as $1,000 for this process. You receive it FREE.
Here’s another example of what’s possible …
From $300k in the red to $50k in the bank 45 days later
We look at who you owe money to and I say, “Don’t pay that. Pay this. Make arrangements with that creditor. Delay this. This will get you back in the black.”
One client came to us and he was $300k in the red. Within 30 – 45 days of working together they turned it around and never went under $50k in the Bank.
As stressful as it is – as terrified as you are – regardless of where you are right now – even if you think the situation is hopeless – there very well could be a solution.
The first step is getting on the phone and asking for help. Let us give you the answers through a FREE, no obligation Discovery Consultation.