Xero recently announced the launch of the Xero Beautiful Business Fund. It’s their new initiative, backing small businesses for the future. What does this mean?
This is the number of days, on average, that goods for sale are sitting in your storeroom, from when they are delivered by suppliers, to when they are shipped out to customers.
Are you interested to see how a business, let’s call it QuickCall Supplies, that turns over $1 Million dollars in total revenue… can add over $100,000 to its cash flow and improve its profit by $60,000… without selling one extra…
‘Thanks to our friends at EzyCollect for sharing some helpful information about getting paid by customers quicker and improving cash flow’ Cash flow management is critical – but collecting on accounts receivable (AR) can be a difficult endeavour.
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 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.
Cash Flow Savvy Cash flow is the lifeblood of any business and ours is no different. Luckily being CFOs, we’ve understood this from day one. We could perhaps be accused of not being bold enough in our growth trajectory… However…
We share four reasons why banks may not be immediately lending to businesses, based upon decades of experience dealing with thousands of small businesses.
