Tag: cashflow
- Collect your debtors fasterDid 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…
- Shortening your cash conversion cycle to free up cashThe 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…
- Cash Flow Meeting PromotionDo you want to improve your cash and profit in your business bank account? Find out how we can help you do just that!
- Profit CashflowIn this short video, Ewen explains the importance of understanding the cash cycle in your business.
- Seven Causes of Being Poor Cash FlowProfitable businesses can and do fail because of poor cashflow. There are seven key causes of poor cashflow. We can help you fix the causes instead of treating the symptoms.
- Cashflow Management CoachingIn 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.
- 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. Let’s explore the differences to make a better plan to increase both. 1.…
- The Benefits of Better Cash Flow ManagementUnderstanding cash flow management can help you overcome growing pains, reduce the stress of running a business, and deploy cash resources in a way that’s efficient and strategic. But for many businesses, cash flow management isn’t seen as a high priority. In this post, we’ll outline the purpose and benefits of better cash flow and…
- Business Advisory: Reviewing MarginsWhen did you last review your margins? Glenn explains why this can help you make smart financial decisions for the year ahead in this short video.
- Change Focus to ProfitabilityGiven the ongoing labour shortages happening all around the country, Ewen talks you through how you can make some in your business to focus on profitability over growth.
- Cashflow Debtors ManagementAre you actively managing your debtors or accounts receivable? Ewen explains the benefits and why this is so important for your business.
