The Cash Flow News Weekly

So, what’s been happening in the news this week? Economia Magazine gives cashflow tips Economia, a Business, Tech and Economics magazine, has published an article quoting a recent study by BBA, which found that lending by banks to SMEs fell in 80% of UK postcodes.  As well as this it was also found that larger corporations were taking advantage of their position, taking longer to play suppliers.  To help combat this, Economia gave their tips for SMEs to keep an eye on their cashflow. Among the tips covered were: the importance of nurturing a relationship … Continue reading

The Cash Flow News Weekly

So, what’s in the news this week? UAE worried about cash flow Recent findings suggest that almost 3 in 10 Chief Financial Officers in Abu Dhabi and Dubai have cited cash flow as their biggest concern. The main reasons given were customer / client insolvencies, competitor pricing and low margins, slow paying customers and higher business expenditures. The Director of Robert Half UAE said, “Cash flow clearly remains a priority for finance leaders, particularly small and medium-sized enterprises (SMEs)… With SMEs contributing to the UAE’s fiscal growth, job creation and economic well-being, it is essential … Continue reading

The Cash Flow News Weekly

This week we looked at some of the businesses making or breaking the bank….  Nokia acquires Siemens Phone manufacturer Nokia has announced it will buy out flailing phone company Siemens – under new ownership, the business is expected to perform more effectively, and provide cash flow for Nokia.   Oil Well helps increase cash flow Golden Gate Petroleum has struck, well, gold – with a well in Louisiana that is producing oil at rates expected to reach 370 per day. This will generate around $27,000 extra per month for the company.   Kohlberg & Co. … Continue reading

The Cash Flow News Weekly

This week in the Cash Flow News…   George Osborne Announces Spending Cuts Chancellor of the Exchequer George Osborne unveiled plans for a variety of spending cuts across the board. In a statement to MPs, he commented that “while recovery from such a deep recession can never be straightforward, Britain is moving out of intensive care, and from rescue to recovery.” Osborne announced in his March Budget that current spending would have to be cut by £11.5 billion – 8.5%. The austerity will lead to the loss of pay rises for civil servants and winter fuel payments … Continue reading

The Cash Flow News Weekly

This week in the Cash Flow News… Cash Flow Forecasting Vital, says expert A leading company director has expressed the importance of cash flow forecasting. Damian Davies stated in an article for Citywire, “I believe cash flow forecasting is an essential tool… [it] gives the client a single view of the ability to achieve defined goals or understand the impact of different scenarios.” Davies, Director of Timebank – a ‘paraplanning’ service which helps firms build profitable businesses – went on to say that the best cash flow forecasting systems contained a model that used graphics … Continue reading