A big part of the success and value of a business is in the cash flow management.  Which is significantly impacted by Capital Expenditure, commonly referred to as CapEx. Many businesses require a Capital Expenditure Investment in Equipment or other machinery (FF&E) that needs refreshing on a regular schedule. So, the question comes down to how to manage these expenses. Financial Reserve Account One option is to set aside a Financial Reserve on a yearly basis.  Doing this is … Read entire article »