We updated our logo and our website to better reflect how we help our clients succeed. And our new tagline, Beyond Bookkeeping. Way Beyond. articulates the message we always hear from our clients: Juna’s value goes beyond recording transactions.

“I don’t know how to read a balance sheet.” “I had my own business but I didn’t pay enough attention to cash.  That’s when I learned how important the balance sheet is.” Sound familiar? Many small business owners never look at their balance sheet because it’s like a foreign language to them. They just leave it up to their accountant.

I read somewhere that it is just as harmful to get too much sleep as it is to be sleep deprived. It doesn't seem possible. It's the same with having too much cash. Cashflow is a topic that causes anxiety and sleepless nights for most managers and business owners so while it seems counter-intuitive, it's true that you can have too much cash on hand.

The number one reason why small businesses fail is that they run out of cash. Business owners are often so caught up in the day-to-day that they don't realize they have cash flow issues until it's too late. Here are some simple tips that will help you optimize your cash balances.