MacLean Financial Group

Michelle Salazar on Common Questions When Finances Aren't in Order

When finances aren’t in order, these pressing questions can impact their bottom line. Michelle Salazar breaks down some of the most common questions—and why getting the answers is crucial for your business's success:

“How far out is my accounts receivable?”
Not knowing when you’ll collect outstanding payments can leave you guessing about your cash flow. Keeping track of accounts receivable and setting clear payment terms ensures you know exactly when to expect incoming funds.

“How do I know who owes me money?”
If you're not maintaining a clear record of who your clients are and what they owe, you could miss out on payments. Regularly reviewing outstanding invoices and client communications keeps you on top of who’s paid—and who hasn’t.

“How do I know what I owe?”
If you’re unclear on your outstanding debts or upcoming liabilities, you risk late fees or missed payments. Keeping an up-to-date record of accounts payable is crucial to staying organized and avoiding penalties.

“How do I know what my inventory is and when to reorder?”
If you don’t have a system to track inventory levels, you might end up with stock shortages—or excess stock that ties up valuable cash. Regular inventory checks and a solid reorder system help you maintain balance and keep operations running smoothly.

💼 Michelle’s advice: The key to financial clarity is having systems in place for tracking receivables, payables, and inventory. When you know exactly where your business stands financially, you can make smarter decisions and avoid unnecessary surprises.

Meet Michelle Salazar.

You’ve seen her name — now it’s time to hear directly from her.

Michelle Salazar is the President of Valuation & Litigation Consultants, a CPA, and a trusted expert with 25 years of deep experience in business valuation.

This month, we’re sitting down with Michelle for a one-on-one conversation as she breaks down what business owners really need to know about valuation — from understanding what drives value to making smarter decisions for the future.

Whether you’re considering selling, planning your next phase of growth, or simply want clarity around what your business is worth, you’ll want to follow along.

📊 Insightful. Practical. Essential.
Stay tuned — you’ll be learning from one of the best.