Holiday cashflow for your small business
With a bit of pre-planning and being proactive, you can go into the holiday season feeling relaxed. We’ve got tips to minimise the stress of cashflow over the holiday period. Talk to us if you’re concerned.
Managing your business cashflow
Do you know what’s happening with cash flow for your business right now? How about six months from now? Cash flow monitoring and forecasting are essential to keep your business heading in the right direction. There are so many priorities in the working day, it can be hard to stay focused on what’s happening with …
10 ways to lift your margin
Improvements can always be made at the margin. Small tweaks to your processes or systems can make a massive difference to the end result. It’s the same with your business margin – a 1% increase in your gross margin on $500,000 of sales is an extra $5,000 on your bottom line. The best part about …
Should I focus on Profits or Cashflow?
Turning a profit is at the heart of running any successful company. But should profits be the only financial focus if you’re looking to create a stable, long-term business? Cashflow is the beating heart of your business. Without an even and predictable flow of cash into the company, you can’t cover your overheads, you can’t …
Cashflow – ways to improve
Get in Control of Cashflow It’s a well-worn phrase, but cashflow really is the lifeblood of your business. When your cash inflows are greater than your cash outflows, that puts you in a positive cashflow position – giving you the liquid cash needed to trade, improve and grow as a business. But if costs start …