Bray Financial & Consulting, LLC

Your cash flow is the lifeline for your business. Cash flow is more than just numbers on a spreadsheet and isn’t just about money in and out. It's the heartbeat of your business. It’s a strong indicator of how your business is doing and whether it has the strength to weather the obstacles. Positive cash flow means you're ready to seize opportunities when they arise, like investing in new ventures or expanding your business. A well-managed cash flow brings peace of mind, reducing stress and allowing you to focus on what you do best: running your business. It's the financial oxygen that keeps your business thriving! How is your cash flow doing?

Let's talk budgets. Budgeting outlines your expected income and expenses. This helps you allocate resources effectively and track your financial performance. Knowledge is power, especially in the world of business. Budgeting isn't about restricting yourself; it's about empowerment! It's having a roadmap for your business journey, guiding you toward success. Financial Control: With a well-detailed budget, you are in control. You can track the financial traffic patterns and make informed decisions along the way. Resource Allocation: A budget helps you allocate resources wisely. You know where to invest for growth, when to save for emergencies, and how to manage day-to-day expenses. Goal Achievement: Budgets are your secret weapon for reaching your business goals! Whether expanding your product line, hiring new talent, or paying off debt, a budget helps you get there. Emergency Preparedness: Life is full of surprises, and the same goes for your business. Having a budget means you're ready for unexpected challenges, ensuring your business can withstand any challenges. How's your budget?

How are you tracking finances? How do you feel about your tracking system (If you are using Excel or some other manual method) or accounting software that you’re using (tell us what accounting software you are using and how you like it) Let us know in the comments section.

From Digits Survey: -Small business owners are struggling to figure out exactly where their money is going -Most business owners are spending 6 to even 10 days monthly just on closing their books. This causes some serious lag time, resulting in lost revenue -78% stated that having immediate access to financial reports and insights would help them be more successful -56% are making decisions that directly affect their business with incomplete data EVERY MONTH Do you feel this is accurate? Does one or more of these points resonate with you? How do you feel about your books and monthly close-out process? Tell us what you think.

Ready to ask yourself a tough question…How is your business doing? Knowing exactly where your money is coming and going, what’s locked up in assets, and what’s flexible cash flow is the kind of knowledge that gives a business owner power. Power to control their future and which path to take. Knowing will give you the answers you need, like: ·       Can you outsource/hire someone to take over certain aspects of your business? ·       Are your financials clean enough and documents organized so that you can take out a loan for expansion or take on investors? If you can’t answer those questions, then sign up for a clean-up project today! P.S. We have an exclusive deal for October just for you… If you sign up for a clean-up project, you will receive 30 days of free bookkeeping. Don’t miss out! Click the link to schedule your clean-up now! https://lnkd.in/gY-cTKAs

Updated QBO profile, check it out!

Numbers, especially related to business, can be intimidating. And sometimes, it feels like the reports are in a different language. However, we all know that understanding and managing finances is an integral part of achieving long-term business success. So what can you do? I recommend working with a professional who can help you not only organize and maintain your financials but help you learn to understand what the numbers/reports mean. With the right support, understanding and managing finances becomes much easier - allowing you to focus on projects that you want to, take advantage of growth opportunities, and feel less stressed about the future of your business.

How a family-owned business can gain from having a fractional CFO? Family-owned businesses have unique financial management needs that can differ from other businesses. Balancing family dynamics, business objectives, and financial goals calls for a specialized approach that a CFO can provide. Family-owned businesses often face unique challenges that are in need of expert financial advice. A business may need to structure ownership and make plans for the smooth continuation of the business. Family-owned businesses are often more sensitive to financial risks. A specialized CFO can provide insight into the financial impact of family decisions and help to mitigate any risks that could impact the business. Additionally, the CFO can help navigate complex tax and regulatory issues unique to family-owned businesses, which can help lower risk and maximize profitability. Never underestimate the personal touch. A specialized CFO works with the family to understand their financial goals and objectives to help develop strategies that align with those goals. By investing in CFO services, family-owned businesses can ensure the longevity and success of their business for generations to come. What do you think? Do you feel like family-owned businesses differ in terms of needs and require a different approach?

Have you been searching for bookkeeping services but need help finding something within your budget? Bray Financial & Consulting is here to help! We are a team who specializes in providing quality, affordable bookkeeping services. Our rates are competitive, and our service is top-notch. So whether you’re a start-up or an established business, we can provide the best solutions for any budget. You no longer have to worry about taking on too much time and work managing your accounts. We can handle it all so that you stay organized and up-to-date with your financials. With us at Bray Financial & Consulting, there’s no need to worry. See why we’re the first choice for businesses looking for reliable and affordable bookkeeping services Contact us today! Comment "Interested" below.