Is Your Business Financially Ready for Q4?

The fourth quarter can bring opportunities, and expenses, for small businesses. September is a smart time for business owners in Tulsa, Broken Arrow and Mayes County to review their finances and ask one important question: Are we financially prepared for the rest of the year?

Here are a few places to start.

How does your cash flow look?

Review expected revenue and expenses through December. Consider payroll, inventory, insurance, vendor payments and other recurring obligations. If you anticipate a cash-flow gap, identifying it now gives you more time to plan.

Do you have access to the credit you may need?

If your business has a line of credit, review whether it still matches your needs. If you don’t have one, September may be a good time to talk with your banker about available options and the application process.

Are major expenses coming?

Will you need to replace equipment, purchase a vehicle, increase inventory or make repairs before year-end? Planning for larger expenses now can help you determine whether using cash or exploring financing makes sense for your business.

What does Q4 growth look like?

More business can also mean more expenses. Additional employees, inventory, supplies or operating hours may require cash before the additional revenue arrives.

When should you talk to your business banker?

Before you need something urgently.

At All Capital Bank, our bankers work with businesses throughout Tulsa, Broken Arrow and Mayes County to understand where they are today and what’s ahead.

September isn’t just the beginning of fall. For business owners, it’s an opportunity to prepare for a stronger finish to the year.

Q4 is coming. Start the conversation with your local banker now.