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

The Cash flow News Weekly!

Happy Monday everyone!  To help fight the Monday blues we have another Cashflow News Weekly for all our wonderful readers.  This week great news for small businesses! Scotland Bibby Financial Services – Invoice Finance company, with offices across the UK and internationally, reports increased lending by 40% for Scottish businesses over the last 12 months. BFS has lent over £25m to small Scottish companies. Why you might be asking yourselves?  Well, the company aims to offer small businesses improved cash flow and support within their ambitions to expand! But wait, there’s more great news! Bibby Financial Services have also … Continue reading

The Cash Flow News Weekly

So, what’s been making headlines in cash flow news this week?  It seems to be all about the energy sector… British energy giants BP are telling us that their profits are down 23% due to a drop in contribution from its Russian business; however its cash flows are swelling resulting in share price increase – an interesting one:  profits down, cash up, share price up – what does that tell you!! Click here to read more. Shell are also facing decreasing profits with a 44% plummet, however not all is bad as they also seem to be … Continue reading

The Cash Flow News Weekly

Happy Monday everyone! Let’s have a look at the recent Small Business headlines… British SMEs lacking cash flow – and skills Small and medium-sized enterprises (SMEs) in the UK have identified a lack of cash flow, limited access to growth capital and shortages of skills as the biggest factors affecting their businesses – over the past two years. The research, which was complied by the Association of Charted Certified Accountants (ACCA) and the institute of Management Accountants (ICA) found that those worrying about shortages of skills were nearly all British. Cash flow was unsurprisingly also an … Continue reading

Invoice Management: How To Get Paid On Time

Some tips to help you get paid on time – and preserve those ever-important client relationships… Clearly pre-agree payment. With every invoice raised, make sure payment terms are openly discussed and pre-agreed.  By explaining your invoicing system – when and how you invoice and expect payment – you minimise the risk of delayed payment.  Whether your payment terms are on delivery, 30 days or more, make sure your client is completely aware and both agree on payment structure.  If done verbally then always follow up with an email to confirm.  Better still, signing a contract … Continue reading