Tips for Business #4: How to successfully manage your cashflow – part 1

Many people assume businesses collapse because they are loss making. However, the reality is businesses go bust because they run out of Cash. Always remember “CASH IS KING” The primary purpose of a business is to attract, maximise and retain customers. Everything that contributes to this is an investment; anything which doesn’t is a cost. … Continue reading Tips for Business #4: How to successfully manage your cashflow – part 1

Tips for Business #3: How to make your accounts something you want to read!

The problem for many business people is the sheer volume of numbers they receive from accountants and bookkeepers. As a business owner you need to know which numbers are important and what they reveal. In other words you need information, (and not data), presented in a way that makes sense for your business. There are a … Continue reading Tips for Business #3: How to make your accounts something you want to read!