Welcome to Cash Flow Management for Small Business

I am Skip Lee, owner and manager of Lee’s Adventure Sports, a specialty outdoor business in Kalamazoo, Michigan. Check us out at LeesAdventureSports.com.

Communities and cultures are built through economic flows. Our American economy and culture has evolved from one in which small businesses and partnerships were prevalent to one where the economy is dominated by the few. Small business still generates a large amount of the jobs but mass merchants, chain stores, and brands can be seen in almost every town across America. Over the last generation or so it has become more difficult for small businesses to sustain themselves next to the chain discount stores. Many small businesses have sold out to larger chains or closed their doors. As this happens across America much of the local flavor, creativity, and strength of the local economies are lost. We, then, have come to rely on these brands to shape and satisfy our needs and wants. The dollars that once remained in the community are sent to the corporate headquarters diminishing the communities in which we live.

Thankfully the spirit to create and express ourselves thrives. As a people we have our pride, integrity and heritage of independence to give us the strength to create the type of community we want to live in. In order to preserve that heritage it is important to promote the growth and strength of small business. Local businesses re-circulate local money and resources that can directly affect the economy of a region as well as create a unique cultural environment of which one can be proud. As an owner/operator of a small business that has evolved and sustained itself in a midsized community for over 50 years I have come to believe strongly in what this offers the community – personal care, service, investment of ourselves on many levels including the re-circulation of money. It is this type of offering that can re-stabilize our communities and our nation both economically and culturally.

My mission is to raise awareness of the emphatic importance of small business and local economies for our personal and national well-being and to provide educational resources and tools for this purpose. My blog is designed to promote discussion and address concerns on how small business can manage it’s cash flows and other resources so that it can thrive and be part of building stronger local economies.

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