Cash Flow Management
GOLLIHUGH FINANCIAL SERVICES
4 DUNNINGTON COURT
SPRINGBORO OHIO 45066
937-748-4504
Clients may seek cash flow management services to obtain more effective control of their financial situation. For many, that means learning to manage their monthly cash flow better. Often, clients would like to save a larger portion of their income while maintaining their lifestyle. Some have critical cash flow problems, such as excessive debt, little or no savings, or significant fluctuations in cash and flow. Others are concerned about having sufficient resources to fund retirement and seek to control their spending in order to avoid consuming assets too fast. Therefore, these clients have financial objectives that relate specifically to cash flow management.
Cash Flow Management has two chief purposes:
• Management of income and expenditures, including establishing and maintaining a reserve of cash or near-cash equivalents to meet unanticipated or emergency needs, such as those caused by illness, injury, death, or sudden loss of employment.
• Systematic creation and maintenance of surplus of cash for capital investment.
Occasionally, some planners underestimate the importance of cash flow management as a service to be provided to the client. Of course, this can be a major mistake solving problems in this area can play a significant role in the client’s ability to reach a wide range of financial goals.
The primary components of cash flow management are budgeting, cash flow planning, and determination of net worth.
At Gollihugh Financial Services, we place emphasis on assisting clients in achieving their overall objectives. We fully understand all clients do not have the same goals, objectives, or financial resources. It is also understood, clients have a variety of abilities, financial backgrounds, time and/or desire to focus on financial issues. Our focus is to assist clients with the details of goal setting, budgeting and record keeping.
4 DUNNINGTON COURT
SPRINGBORO OHIO 45066
937-748-4504
Clients may seek cash flow management services to obtain more effective control of their financial situation. For many, that means learning to manage their monthly cash flow better. Often, clients would like to save a larger portion of their income while maintaining their lifestyle. Some have critical cash flow problems, such as excessive debt, little or no savings, or significant fluctuations in cash and flow. Others are concerned about having sufficient resources to fund retirement and seek to control their spending in order to avoid consuming assets too fast. Therefore, these clients have financial objectives that relate specifically to cash flow management.
Cash Flow Management has two chief purposes:
• Management of income and expenditures, including establishing and maintaining a reserve of cash or near-cash equivalents to meet unanticipated or emergency needs, such as those caused by illness, injury, death, or sudden loss of employment.
• Systematic creation and maintenance of surplus of cash for capital investment.
Occasionally, some planners underestimate the importance of cash flow management as a service to be provided to the client. Of course, this can be a major mistake solving problems in this area can play a significant role in the client’s ability to reach a wide range of financial goals.
The primary components of cash flow management are budgeting, cash flow planning, and determination of net worth.
At Gollihugh Financial Services, we place emphasis on assisting clients in achieving their overall objectives. We fully understand all clients do not have the same goals, objectives, or financial resources. It is also understood, clients have a variety of abilities, financial backgrounds, time and/or desire to focus on financial issues. Our focus is to assist clients with the details of goal setting, budgeting and record keeping.
posted by crg1 at 6:07 AM
0 comments
