Choose from over 100 articles that explain and help with business financials. Each one, most only a five minute read, is written in easy to understand plain English. For more resources, such as eBooks and checklists, go to our Help & Info section. You can also contact us if you would like to talk to someone.
One of the key factors in good cash flow management is how you manage your Accounts Payables i.e. suppliers who give you terms to pay. A key measurement in managing this, is knowing your average Accounts Payable Days.
How to make more profit in business may not be the first thing aspiring business owners think of when they dream of taking control of their own destiny.
Some customers will use you as a bank if they can. Better to use your goods and/or services and not pay until they have to. Here are some suggestions to speed up payment.
Let’s take a look at why workflow management is vital for a business. The automotive industry is currently in a state of transition due to consolidation away from small family run operations towards more corporate-run multinational organisations.
You know how it is when you look at the reports that come out of your accounting system and you’re not entirely convinced they’re telling the real story… We see it so often, where transactions have been incorrectly handled or…
If it’s important to you to understand your financial position and know the numbers in your business, an outsourced CFO could be the answer to your prayers.
Hiring a Financial Controller or CFO is the key to avoiding self-managed finance When your business is in financial growth mode, there’s only one thing worth more than the money you’re bringing in: the steadfast business advice you need to…
Don’t risk making your business exit without an exit strategy If you’re like most business owners, you have plans to one day retire, leaving a healthy legacy for others to carry on into the future, and reap the rewards of…
If you employ people to provide services to customers, it’s vital to manage the hours invoiced to customers compared to those you pay to staff. Reason being the differential is potential lost income to your business and precious profit.
What you missed at the Webinar CFO Brendan Raftery shared with the audience the benefit of his experience in helping clients to secure business loans, including the following: How to articulate your business opportunities and ensure they are realistic Your…
It seems to be a perennial issue for business owners that cash flow is an issue. You’ve got suppliers on your back for payment, customers that take too long to pay… plus a bunch of other places where cash gets…
It seems to be a perennial issue for business owners that they know they need help … but struggle with the concept of paying fees to get it… when they’re already struggling with profit and cash flow.