Author: Glenn Sharp

Cash is oxygen for your business and measuring working capital is your regular health check to keep your business alive; especially in turbulent times. Glenn explains how Sharp Accounting can identify strategies to increase your working capital in this short video.

Cashflow is confidence – the more you have, the better! Try the below strategies to help take control of your cashflow: Talk to us about strategies you can implement to get the cash flowing in your business. “You must gain control over your money, or the lack of it will forever control you.” – Dave…

This isn’t typically a place where you’ll find a lot of wastage. Our experience is that business owners are very careful about managing their expenses, and the smaller the business is, the truer that statement is. Having said that, as a business grows, so do the layers of hierarchy. Management control can deteriorate and the…

Wondering why all of your profit is not in your bank account? Glenn explains the difference between profit and cash in this short video.

Do you have a good debtor collection system in place for your business? Glenn explains the importance of getting this process right in this short video.

In our latest News Update, we cover the recent budget and at the 2-minute 55-second part of the video, we have a reminder regarding applying for Director IDs. If you haven’t applied yet, you have until the end of this month!

Cash is the life blood of any business. In fact, even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key drivers of cashflow. Improving cashflow is often all about changing your business’s processes, for example, how you order stock and pay for it, how you bill…

Did you know that you still have to pay tax on your debtors, even if you haven’t yet collected them? This is because you pay tax on your sales figures, whether you’ve collected the cash or not. So, how do you collect your debtors faster? Don’t procrastinate on your debtors. Establish clear payment terms and…

Still wondering about the 80/20 rule? Glenn takes you through how relevant and effective this principle is to your business.

In this short video Glenn explains why our focus for businesses for the next few months is on cashflow, and what we do in cashflow management coaching. If you would like to find out more contact us to discuss your requirements.

Glenn explains what the Pareto Principle means for your business and cash flow in this short video.