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

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

What’s been in the Cash Flow News this week? Metallica’s financial troubles Hard rock band Metallica has hit a bit of a cash flow rough patch. Their first venture into the world of music festivals has been successful amongst fans – but a headache fortheir accountants. The Orion Music + More festival, a 2-day interactive festival tailor-made for Metallica’s loyal fans, is based in Detroit, after relocating from Atlantic City. The city itself is preparing for possible bankruptcy, as we reported last month – and is set to make over half a million dollars from … 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