10 tips about cash flow forecasting
Guest post for CFO on Call written by Float Think it’s impossible to predict the future?
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How to measure profitability in a service based business
- Business Growth
A great target to improve profit in a service business is to apply the 3x model. Put simply, the 3x model is: Revenue earned from charging staff time should be equal or greater than 3 times salaries paid.
Cost Savings in the Cloud
- Cash Flow Management and Forecasting
By Sue Hirst An issue facing business owners is the management of costs – especially labour. Labour efficiency is a vital necessity for some to stay in business.
Why keep it in the Cloud?
- Latest News
By Sue Hirst, Director of CFO On-Call The ‘Cloud’ is a term for describing online software delivery and data housing. Until recent years, most business owners have used software and kept data on their computer hard disk.
Is your accounting slowing your business growth?
- Business Growth
Your business accounts may not be a very sexy subject … at least when you are up to your ears in running, managing and problem-solving … but a poor set of out-dated accounts will really hold you back, when you…
Your Grey Hair Is An Asset To Us!
- Cash Flow Management and Forecasting
By Sue Hirst – Director, CFO On-Call I recently met with an accountant in his early 50s who said he felt like he was ‘over the hill’ for many people looking to recruit an accountant.
How to Reduce Operating Expenses In Business
- Business Growth
by Sue Hirst – CFO On-Call ‘Overheads’ will not be a new term to most Business Owners. You see them each month or year when you print out a Profit and Loss report from your accounting system.
Your net income should exceed your gross habits!
- Cash Flow Management and Forecasting
… or Why separate your cash-flow from the Business When asked the key to financial happiness one business owner said – ‘Your net income should exceed your gross habits!’ Jokes aside, I urge business owners to keep their own finances…
Where The Money Is In Your Business And How To Get It
- Cash Flow Management and Forecasting
By Sue Hirst, CFO On-Call If this or the previous financial year isn’t as good as you’d have hoped, then it’s a good time to start setting a plan to make your next year in business better.
It’s Not About The Turnover… It’s About The Leftover!
- Latest News
By Sue Hirst – Director, CFO On-Call Have you ever wondered why your business isn’t as profitable as you would like and keeps running out of cash?
Happy Staff = Happy Customers… Who Are Happy To Pay!
- Cash Flow Management and Forecasting
by Sue Hirst, CFO On-Call Whether you’re new to business or a seasoned operator, it can sometimes be difficult to know what to focus on.
NOW is the time for Business Exit Planning
- Business Exit Planning
Anyone can create or build a business. But how do you exit the business successfully?
Do You Make This Mistake In Your Numbers?
- Latest News
By Sue Hirst, Director – CFO On-Call How to Calculate your Mark-up the Right Way!
Pricing for Profit
- Latest News
By Sue Hirst, Director CFO On-Call There never seems to be an easy time in business.
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