The Setpoint way of project management is different from that of most companies. We are a project based company and the standard accounting method of tracking projects does not work for us.
Setpoint's Project Management Method Part 1
Project Cash Flow Forecasting
Bidding on large projects is bittersweet. If you have an opportunity to bid on a project that could be either a blessing or a burden, it is important to manage the cash flow. Because cash…
Why cash and profit are different
A business fails when the cash runs out not when the company had losses on the income statement. In a liquidity crunch if a company can generate its own cash it will survive.
Deciding on the Direction for your Company
Change is hard. It is much easier to continue doing what has been done in the past, even if it is not getting the results it used to, and rarely have I seen an idea…
Cash Flow Traps
Your company just received a 50% down payment on a project but just because you have a positive balance in your checking account, does not mean you have money to spend. Ask yourself how long…