You might receive regular financial statements but are you looking at the “story” behind the numbers? Have you ever thought about how much money your business mistakes have cost you throughout your career? LEAN thinking companies have an advantage because LEAN often conserves cash. Most businesses want to grow, grow, grow yet ignore the quicker, more impactful change that a bottom of the line expense reductions will have to your cash flow. Stability on your bottom line will allow you to more easily fund future growth. All business activities and objectives should align to the financials with resources allocated based upon improved customer/patient service, shorter lead time and improved system first-time quality. The indirect result of doing these well along with effective LEAN problem solving, will result in sustained financial – bottom line – improvements.
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Need more capital to stabilize your business or fund new opportunities? Unlike a bank, we work with a variety of lending sources to “shop” for the best rate for you.
Regardless of your credit score, options available to:
Consolidate debt to reduce payment of any current loan(s)
Have an “emergency fund” – revolving lines of credit (secured and unsecured)
Free up cash by having a revolving line of credit to pay your ongoing inventory purchases
Take advantage of supplier cash discounts
Lease new or existing equipment