What exactly is cash flow management for small businesses, and why is it so important for businesses to understand this financial aspect? Cash flow management is the strategic administration of a company's cash inflows and outflows, making sure that there is always...
Have you ever thought about what separates a successful business from the rest? It's more than simply having a fantastic product or service; it's also about mastering the art of cash flow forecasting. The power of cash flow forecasting It is more than just calculating...
In the latest episode of the I Hate Numbers podcast, we shed light on the indispensable role of Cash Flow Forecasting in ensuring the success of your business endeavours. Understanding the Ups and Downs Cash Flow Forecasting serves as a beacon, guiding...
In the world of business, dealing with a financial crisis is not a matter of if, but when. We, as business owners, often take risks, and sometimes these risks don't pan out as expected. The key is to remain calm and composed when the unexpected hits,...
In today's episode, we, as dedicated proponents of effective business practices, discuss the paramount significance of planning in the world of business. We firmly believe that planning serves as the compass that guides businesses through turbulent...
In this episode of the I Hate Numbers podcast, we explore how planning can transform your business's future. Discover how planning reduces anxiety, empowers decision-making, and boosts profitability. Why Business Owners Overlook Planning Many...
Managing Rapid Business Growth goes hand in hand with generating that growth, Rapid business growth may seem like a dream come true, but it can also lead to unexpected challenges. In this weeks video I look at the potential pitfalls of growing too fast, the symptoms...
How to avoid the dangers of rapid growth, my topic for this week's I Hate Numbers podcast. Growth is what all businesses think of. However, rapid growth and poorly managed expansion leads to challenges and headaches. In today's fast-paced and competitive...
Financial planning and mental health, there’s a link and it’s a positive one. In this video, I look at three reasons why financial planning is good for your mental health. When you have a plan and know where your money is going, it gives you a sense of control and...
A recession is a difficult time for any business, so knowing How your business deals with a recession is a vital part of your toolkit, It may be that your customers may have less money to spend, you may have to let staff go, and your bottom line may be...
As we all know, the economy is not doing so well, but I want to show you How to survive a recession and prosper There are things you can do to survive a recession and even prosper! In this blog post, I will share with you some tips on how to make it through these...
In business, it's essential to make decisions quickly and efficiently. However, Decision making when things are calm is not the same as Decision making under uncertainty. In this video, I go through the the steps you need to take to make rational decisions when...
Businesses are facing a cost of business crisis. This affects millions of business owners in the UK and around the world. Not in a good way. This is a crisis that's under reported, not widely discussed and very little financial support. However, it's something that...
Do you ever find yourself putting off important tasks, like Procrastinating when Financial Planning? You're not alone. Procrastination can be a major obstacle to getting things done. But don't worry, there are ways to overcome it. In this podcast , I'll...
Procrastination is a huge issue when it comes to business, and especially when it comes to writing your business financial plan. But that's okay! I'm here to help you through it. In this video, we talked about the different ways people procrastinate when it comes to...
How to avoid undercapitalization and what it is, is this weeks video and blog. It’s when you run out of money, and the company hits a financial brick wall. This video will cover what it is, why it’s a problem, and how to avoid it. The reason why so many small...
How you Build your cash flow with a spreadsheet I'm going to show you how you build your own cash flow forecast by tapping into the most powerful resource in your financial toolbox, the spreadsheet. In this week’s episode of I Hate Numbers I'm going to look at your...
Do you want to know How to build your cashflow forecast? You might be thinking, "I don't need one of those. I'm not going out of business!" But if you're like most people, your business is constantly changing and growing. And when it does change or grow, that's the...
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...
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...
In this weeks podcast episode, I'm going to share with you seven tips that will help you increase the profits in your business. The first thing is absolutely critical and that's having a good positive relationship with profit. Are you looking for ways to increase the...
When should your business borrow money? And yes, there will be times when it's good for your business to borrow. There will be times when it should be avoided. Planning, attitude, risk, and cost. These are the four things you need to consider when borrowing money for...