In this short vlog-blog I am going to share Five tips on how to manage your cashflow, Why your business needs cash Firstly what is cash? In other words what gets paid into your bank account, it’s factual, and is the lifeblood of your business. Secondly, why do we...
Cashflow and lockdown articles
Difference between cash & profit?
Do you know What is the difference between cash and profit ? The majority of the time, people think that businesses only need to be profitable for them to last. But even the most profitable businesses go under, and often for a single reason. It’s because the people...
Your attitude towards money
Do you want to know How to change your attitude towards money in your business? It's natural to be thinking about money, talking about money, and planning what you're going to do when you make money. But let me ask you a question! How often do you look at your...
Should you pay off your Bounce Back Loan?
You are here because you want to know Should you pay off your Bounce Back Loan . Many of you would have already received some notices from your bank advising you that your Bounce Back Loans are coming up for repayment. A key question is should you pay them back now?...
Charge for your services
How much you should charge for your services is a very common question. Spoiler alert, no one answer but we are here to help you figure it out for your business. Keeping tracking of your margin vs markup difference is a valuable way to inform how you are pricing...
Managing cashflow during lockdown
We've had new lockdown and tier restrictions, which means managing your cashflow during lockdown is blooming important. The financial support measures, such as the new Job Support Scheme, Job retention bonus, all needs to be factored in. If you don’t manage your cash...
Your business cash story
Firstly, your business cash story is a big deal. Secondly, it’s a big deal for business continuity, survival, and growth. This requires cash. Profits are what it’s ultimately about, but cash makes sure you get to do it. Sales are vanity, profits are sanity, cash is...