The Cash flow Weekly News

Hi, we’re back…well we’ve never been away, just haven’t been doing our blog!! We thought it was about time we started it again so here we are.  We pondered over what our topic should be and Alan, our Chief Executive, suggested we look at the definition of cash flow issues, well we had a laugh. We googled ‘What is a cash flow crisis?’ and got the following: “For a single business, a liquidity crisis occurs when the otherwise solvent business does not have the liquid assets (i.e., cash) necessary to meet its short-term obligations, such … Continue reading

Dr. Who’s Business Lessons

In Celebration of the brilliant Peter Capaldi being announced as the new Doctor Who, we took a look at some of the business – and life – lessons Doctor Who could teach you. Any lessons you’ve learned and want to add? Tweet us!   Always see the sunny side When things go belly-up, remain cheerful – a bright, sunny attitude could actually mean you respond to problems more effectively. Keep a sense of humour, too! But… When it comes to it, fight a good fight We’re not saying look for trouble, but if trouble finds … Continue reading

Small Business – Comparative Statistics

It is widely acknowledged that planning and managing cash flow is one of the most important things a business can do – but how widely? We compiled statistics from all over the world – proving that Cash Flow is King! Businesses that are classed as Small and Medium size Enterprises (SME’s) – not surprisingly, small businesses overpowered larger businesses in sheer volume across the board, with the UK taking the lead with over 99%. SMEs saying cash flow is their biggest challenge – surprisingly, Canada took the lead here, with 51% of small business owners citing … Continue reading

Ways To Improve Your Cash Flow

We all know that “Cash is King” – here are a few customer and creditor payment tips to help you save money and improve cash flow within your business… For customer payments, here’s what you can do: Shorten your credit period – asking customers to pay sooner can ease the flow of your cash. You could even use a small discount as an incentive for customers to pay early; Check the credit scores of new customers not paying cash – and avoid those with risky ratings; Prompt payments are encouraged by prompt invoices – keeping … Continue reading

‘What if’ Scenarios – An Essential Part of Your Cash Flow Forecasting

‘What if’ scenario functionality is for financial occurrences that could-maybe-possibly happen and if they did this is what would happen to your cash flow.  What do I mean by that?…well, let me first say that your main cash flow forecasting should only be for cash in/out that you know should occur – like sales won/made, office rent, salaries and other known costs etc..   The ‘What if’ part is for scenarios like potential new sales or extra costs but not confirmed ones, like, “what if we open a new office, make a big investment or … Continue reading