Category: Business Advisory

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.

Are 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.

The 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.

Do 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.

When did you last review your accounts payable process? Have you compared your current suppliers’ pricing with competitors’ prices? Don’t pay more than you need to. Talk to us about how we can help maximise your cashflow.

Make sure you are taking some time to reflect on what worked and what didn’t work over the last 12 months with your business. Ewen explains why this is a great exercise to do while you have some down time.

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…

The impact of COVID-19 has shown us that even profitable businesses can go broke if they run out of cash. Understanding and managing your cash conversion cycle frees up your cash and helps you build a cash war chest to get you through tougher times. Your cash conversion cycle is the number of days your…

In this short video, Ewen shares seven practical ways to grow your business. Are you doing any of these to grow your business?

Do you want to improve your cash and profit in your business bank account? Find out how we can help you do just that!