Tip 2:
Get someone to walk through your cash flow statement with you slowly. Ideally this would be your CFO, accountant, or someone with a background in reading financial statements. Look carefully at one line item, which is the cash flow from operations. After 25 years of running a business, stumbling, and being in finance, I believe this is the single most important metric to any company. There shouldn’t be any red on this line. (Brian Hamilton – Sageworks)
