Cash Management for Businesses

Strengthen your company’s liquidity and long-term stability

Managing cash effectively is one of the most important parts of running a successful business. At Cox, Klugh & Company, we help business owners make the most of their working capital — ensuring your cash remains accessible, productive, and aligned with your goals.

Why effective cash management matters

Every dollar should have a purpose

Cash management ensures your business has the right amount of liquidity — enough to meet day-to-day needs without letting excess funds sit idle. Strong management stabilizes operations, supports flexibility, and positions your company to act when opportunities arise.


Many business owners keep large reserves “just in case,” but too much idle cash can reduce profitability and purchasing power. By strategically managing your reserves, you can earn more from what you already have while maintaining a healthy safety net.


Our goal is to help you find balance — so your money works as efficiently as you do.

Keep your cash accessible — and earning

Finding the balance between safety and growth

Every company needs liquidity to operate smoothly, but that doesn’t mean cash should sit unused. We help design cash management plans that preserve access while giving surplus funds the potential to grow.


That might include creating a tax reserve account, using automatic sweeps into money market funds, or channeling excess cash into retirement plan contributions to save on taxes. Every dollar should have a defined purpose — whether funding operations, reducing debt, or earning interest on the side.

Helping your cash flow work smarter

Practical strategies for everyday operations

Cash Flow Analysis

We review your financial statements to identify patterns in income and expenses, pinpointing when cash surpluses or shortfalls occur.

Short-Term Investment Strategies

We identify where to place surplus funds for competitive returns while keeping liquidity intact. This may include business savings, money markets, or short-term bond funds.

We tailor each cash management plan to the business’s size, structure, and cash flow rhythm. Our services include:

Optimal Reserve Planning

We help determine how much cash your company should keep readily available — typically enough to cover 3–6 months of expenses — so you’re prepared for emergencies without over-reserving.

Forecasting & Budgeting

We help you anticipate future cash needs, plan for tax obligations or equipment purchases, and reduce surprises.

Cash Management FAQs

Straightforward answers for business owners

  • My business has irregular income — how can I prevent cash shortfalls?

    We help you build a cash flow forecast that maps out when money comes in and when expenses go out. By setting aside earnings from your busiest periods, you’ll have reserves ready during slower months. In some cases, we may also recommend a small business line of credit as a backup, giving you financial flexibility without unnecessary risk.

  • Our checking account always has a large balance. Should we invest that money?

    In many cases, yes. Once we determine how much working cash you need for operations, we’ll help you move excess funds into short-term investments that are secure and liquid. That might include high-yield savings, money markets, or short-term bond funds. The goal is simple — make your cash productive while keeping it available when you need it.

  • How much cash should a small business keep on hand for emergencies?

    The right reserve depends on your business’s stability and expenses. For most companies, three to six months of operating costs is a healthy cushion. We’ll review your revenue consistency, access to credit, and industry trends to set a reserve target that’s both safe and efficient.

  • Can you coordinate with our accountant or bookkeeper?

    Absolutely. Many of our clients benefit when their advisor, accountant, and banker are all on the same page. We’ll collaborate with your existing financial partners to create a seamless approach to cash management, ensuring every decision supports your broader business strategy.

  • Can you help if I’m not ready to retire yet?

    Absolutely. Many of our clients start the process years before they plan to leave. We’ll help you build a flexible strategy that supports growth today while laying the groundwork for the future.