Budgeting for real life

Budgeting for real life

Budgeting for real life is a never ending challenge: most likely you’ll be wrong, the only uncertainty is by how much. But, as I’ve talked about before, it is an exercise worth persevering with. An effective budget is a vital tool for building a successful business....
Avoid second lockdown cashflow crisis

Avoid second lockdown cashflow crisis

Does a second lockdown mean cashflow crisis for your business? What can you do to avoid it? We know that a lot more businesses are allowed to stay open this time than were able to in March, but staying open is not necessarily a good outcome. A lot of SMEs have used up...
SOS – help managing cashflows in distress?

SOS – help managing cashflows in distress?

The saying “Cash is King” is very true: profit doesn’t pay the bills. But that doesn’t help when there just isn’t enough cash to go round and you need help with managing cashflow and getting out of trouble. This is the final instalment in...
SOS – help managing cashflows in distress?

Making the most of cash

Generally people only think about cashflow when there is a shortage of cash in the bank to pay the bills. But what happens if you find your business with surplus cash in the bank? For some businesses at present that is a very real possibility, either because the...