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Take control of your business and your financials today with expert consultants.
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Our Vision
Empowering Small and Medium Businesses with Comprehensive Financial Solutions; through our expert business consulting and full cycle accounting services, we are dedicated to enhancing financial clarity, ensuring regulatory compliance, and driving sustainable growth for small and medium business owners.
Welcome to
LST Business Consulting!
&
Welcome to
LST
Business
Consulting!
&
We offer a full range of services designed to meet the unique needs of small and medium-sized businesses. From initial consultation to ongoing financial management, we're with you every step of the way.
Cash Flow Management
Audit Support
Financial Advisory & Consulting
Accounts Payable & Receivable Mgmt.
Payroll Services
Tax Services
Financial Reporting
Bookkeeping Services
Accounting System Setup
Initial Consultation & Needs Assessment
ADP Partnership
Don't just take it from us...
At LST Business Consulting, we specialize in providing tailored business consulting and full-cycle accounting services for small to medium-sized businesses. Our mission is to empower you to focus on your core business activities while we manage your financial health. We aim to deliver innovative solutions that enhance financial clarity and ensure regulatory compliance.
About Us
"LST’s team took the time to understand our unique challenges and crafted a customized strategy that fit our needs perfectly. Their attention to detail and commitment to our success made all the difference. I highly recommend them to any small business looking to elevate their financial game."
– James P., Entrepreneur
"The team at LST transformed our financial management, allowing us to focus on what we do best—running our business."
--Jessica T. - JP Accounting
Here are some fun facts about cash flow management:
These facts highlight why cash flow management is not only essential but also a fascinating aspect of running a successful business!
Managing a small business comes with its unique set of challenges and opportunities.
Here are some crucial do's and don'ts to help guide your small business success:
The 80/20 Rule:
About 80% of small businesses that fail do so because of cash flow problems. This highlights the importance of keeping a close eye on where your money is going and when it’s coming
Cash Flow vs. Profit:
Did you know that a company can be profitable on paper but still go bankrupt due to poor cash flow management? Cash flow is the lifeblood of a business, and managing it well is crucial
for survival.
The 80/20 Rule:
About 80% of small businesses that fail do so because of cash flow problems. This highlights the importance of keeping a close eye on where your money is going and when it’s coming in.
Positive Cash Flow:
Having positive cash flow doesn’t just mean your business is doing well today—it means you have the flexibility to invest in growth opportunities, take on new projects, or weather unexpected challenges.
Cash Flow Forecasting:
Forecasting your cash flow can reduce the chances of a cash crisis by over 80%. It’s like having a crystal ball that helps you predict and prepare for the future.
Improving Cash Flow:
One of the quickest ways to improve cash flow is to tighten up your accounts receivable. Companies that get paid faster have more flexibility to reinvest in their business.
Big Companies Struggle Too:
Even massive corporations like Apple keep a close watch on their cash flow. Despite having billions in reserves, Apple actively manages its cash flow to ensure operational efficiency.
Cash Flow vs. Revenue:
Businesses often focus on revenue growth, but without solid cash flow management, even a booming business can struggle. Cash flow ensures you have the funds available to sustain operations.
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Forecasting your cash flow can reduce the chances of a cash crisis by over 80%. It’s like having a crystal ball that helps you predict and prepare for the future.
Cash Flow Forecasting:
TAP TO VIEW
Having positive cash flow doesn’t just mean your business is doing well today—it means you have the flexibility to invest in growth opportunities, take on new projects, or weather unexpected challanges.
Positive Cash Flow:
TAP TO VIEW
The 80/20 Rule:
About 80% of small businesses that fail do so because of cash flow problems. This highlights the importance of keeping a close eye on where your money is going and when it’s coming.
TAP TO VIEW
One of the quickest ways to improve cash flow is to tighten up your accounts receivable. Companies that get paid faster have more flexibility to reinvest in their business.
Improving Cash Flow:
TAP TO VIEW
Big Companies Struggle Too:
Even massive corporations like Apple keep a close watch on their cash flow. Despite having billions in reserves, Apple actively manages its cash flow to ensure operational efficiency.
TAP TO VIEW
Businesses often focus on revenue growth, but without solid cash flow management, even a booming business can struggle. Cash flow ensures you have the funds available to sustain operations.
Cash Flow vs. Revenue:
TAP TO VIEW
A well-structured business plan guides your strategy, sets goals, and provides benchmarks to measure performance.
Research your target audience, understand their needs, and continuously gather feedback to refine your offerings.
Ensure you have a solid system for tracking and managing cash flow, as it’s critical for maintaining daily operations and long-term sustainability.
Effective marketing can greatly enhance your visibility and attract new customers. Use both digital and traditional marketing strategies tailored to your audience.
Outstanding customer service can differentiate you from competitors and lead to repeat business and referrals.
Stay informed about relevant tax obligations and regulatory requirements to avoid fines and legal issues.
Use technology to streamline operations, improve efficiency, and reduce costs. Tools like cloud accounting software, customer relationship management (CRM) systems, and digital marketing platforms can be very beneficial.
A well-structured business plan guides your strategy, sets goals, and provides benchmarks to measure performance.
Research your target audience, understand their needs, and continuously gather feedback to refine your offerings.
Ensure you have a solid system for tracking and managing cash flow, as it’s critical for maintaining daily operations and long-term sustainability.
Effective marketing can greatly enhance your visibility and attract new customers. Use both digital and traditional marketing strategies tailored to your audience.
Outstanding customer service can differentiate you from competitors and lead to repeat business and referrals.
Stay informed about relevant tax obligations and regulatory requirements to avoid fines and legal issues.
Lorna James is a dynamic force in the world of business and finance, blending professionalism with a genuine human touch. Based in Orlando, Florida, she brings a wealth of experience in financial management and strategic consulting to every project. But beyond the boardroom, Lorna is a proud mother, a devoted grandmother, and the kind of friend and colleague everyone wants by their side. Her approach is as much about building meaningful relationships as it is about delivering exceptional results, making her a trusted and beloved figure in both her professional and personal life.