Cashflow management strategies

Cashflow management strategies

Take control of your business finances You don’t have to spend long running a business before you realise how important cashflow is: the balance between money coming into your company and the money going out on a weekly or monthly basis. There’s not much in commerce...
How to measure cashflow in your business

How to measure cashflow in your business

Planning ahead to boost your business’s resilience. During what would normally be the busiest period of the year for businesses in retail, hospitality and other sectors, many will now be keeping a close eye on their cashflow as they deal with the impacts of COVID-19....
The scourge of late payments

The scourge of late payments

Outstanding invoices compromise your business’s cashflow. When you supply goods and services, you expect to be paid, and promptly, but Britain has a deeply embedded culture of late payments. Indeed, for some businesses, delaying payment is an essential part of the...
Extracting profits from a business

Extracting profits from a business

What are the tax implications? People run businesses for a variety of reasons from passion to pride, but making a living is high up the list for most people. How do you go about drawing profit from your business, and doing so efficiently? If your business operates as...
Improving cashflow

Improving cashflow

A guide to maintaining a healthy balance between money coming in and out of your business. If your business does not have a steady stream of money flowing into it, you may not be a going concern in 12 months. On the other hand, every business will have regular costs...

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