Author: Ewen Fletcher
- Reasons for poor cashflow: number 6Are you in control of the spending in your business? Do you set budgets and monitor them monthly? Ewen shares why control over spending is to set budgets and monitor them monthly in this short video. We can help you trim the fat but not the muscle when it comes to reviewing your expenses.
- Profit vs CashDo you understand the difference between profit and cash? Are you improving your profits but not seeing an improvement in your bank balance? We can help you increase both your profit and your cash! There’s a massive difference between profit and cash. Ewen shares 10 ways to help you understand and make a better plan…
- Do you feel like a slave to your business?Feeling like a slave to your business implies the loss of control; thinking that you need to be available to your customers 24/7 and that your team can’t cope without you. It can also imply a victim mentality – that this is just what it’s like to be a business owner and that it’s not…
- Defining a great day’s workWe all have those days when we leave work feeling like we haven’t achieved anything that day. Then there are the days when you absolutely nail your work and feel like you’ve accomplished everything. While we can’t eliminate those bad days completely, we can apply principles to limit the number of bad days and ensure…
- Balance SheetIf your sales were to drop 20-30% overnight, how confident are you that your business would survive? Ewen takes you through three main areas in your balance sheet that must be maintained to survive any downturn you might face in this short video.
- Accounts receivableEwen shares a few actions you can take to your accounts receivable to help get your cash flowing in this short video.
- Increasing your stock turn in a slow-moving economyIf you sell stock or inventory, it’s essential you understand stock turn and how to increase it. Obsolete, or ‘dead’ stock will harm your cashflow and your ability to increase profit, particularly in a slower-moving economy. The longer stock takes to sell, the longer you have your cash tied up in the stock before it…
- Reasons for poor cashflow: number 7If current sales levels can’t support your overheads and other cash demands, your business isn’t viable in its current state. Ewen explains how Sharp Accounting can help you develop a plan to increase your sales and hold you accountable to do so in this short video.
- Reasons for poor cashflow: number 5Don’t let poor margins destroy your cashflow and working capital. Ewen explains how small changes can have a massive impact on your gross profit margin and put more cash in your bank account, in this short video.
- Reasons for poor cashflow: number 3Are your stock levels stifling cashflow in your business? Low stock turn means full shelves and an empty bank account. We can help you unlock more cash in your business cashflow.
- Reasons for poor cashflow: number 4The right debt and capital structure makes a huge difference to the cashflow in your business. We can help you prepare a Cashflow Forecast and make simple changes to give you more cash.
- Reasons for poor cashflow: number 1Do you understand your cash lockup? Having your cash locked up in WIP or accounts receivable is a key cause of poor cashflow. We can help you create a Cashflow Management Plan and show you what’s possible, in cold hard cash.