SOUTH LAKE TAHOE, Calif. – Praxis Profit, a boutique strategic chief financial officer advisory firm, announced today its full-suite of financial decision-making consultancy service including cash flow visibility, margin protection and executive level financial decision-making support.
“Many business owners are generating revenue and even showing profit on paper, but still feel cash pressure because they do not have clear visibility into receivables, margins, cash timing, and upcoming obligations,” said Bengaly Kante, founder and principal advisor of Praxis Profit. “Praxis Profit was built to help owners see where cash is delayed, where margins are pressured, and where better financial discipline can support stronger business financial decisions.”
It’s common for Tahoe business owners and executives to focus on maximizing sales to create more revenue for the company. At many businesses, this is not the issue leading to cash flow challenges. Most of the time it is receivables timing, cash flow management, line of credit accessibility and unclear margin visibility.
Kante brings to his boutique chief financial officer advisory firm more than 15 years of one-on-one experience working with business owners and executives across the country to strategically maximize their cash flow, margins and profitability.
He spent years on the banking and credit side of enterprise finance, where he reviewed financial statements, analyzed cash flow reports, consulted on capital needs, and even reviewed line of credit requests for companies with established seven-figure businesses.
That experience gave him a front-row view into how businesses can appear to have strong cash flow on paper, while still facing pressure from timing gaps, delayed receivables, weak margin visibility, and unclear operating financial controls. That’s the basis of the expertise and depth of knowledge that he shares with his clients today.
According to Kante, a common misunderstanding is that a Lake Tahoe business can be genuinely profitable and still be cash-tight. He even supports the potential for smart use of credit to help power a business. However, it must not be used as a replacement for cash flow leaking from a business without first diagnosing the problem instead of treating the symptoms.
For more information about Praxis Profit, or to schedule a confidential Clarity Call, please visit praxisprofit.com. Tahoe business owners can also complete the complimentary Praxis Profit CFO Visibility Score at score.praxisprofit.com.
